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The current zero-coupon yield curve for risk-free bonds is as follows: Maturity (years) 1 2 3 4 5 YTM 5.00% 5.50% 5.75% 5.95% 6.05% What
The current zero-coupon yield curve for risk-free bonds is as follows:
Maturity (years) | 1 | 2 | 3 | 4 | 5 |
YTM | 5.00% | 5.50% | 5.75% | 5.95% | 6.05% |
What is the price per $ 100 face value of a four-year, zero-coupon, risk-free bond?
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