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The current zero-coupon yield curve for risk-free bonds is as follows: What is the price per $100 face value of a four-year, zero-coupon, risk-free bond?
The current zero-coupon yield curve for risk-free bonds is as follows: What is the price per $100 face value of a four-year, zero-coupon, risk-free bond?
The price per $100 face value of the four-year, zero-coupon, risk-free bond is?
(Round to the nearest cent.)
Maturity (years) 1 2 3 4 5
YTM (%) 5.03 5.52 5.72 5.92 6.01
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