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The current zero-coupon yield curve for risk-free bonds is as follows: Maturity (years) YTM 1 5.02% 2 5.53% 3 5.73% 4 5.91% 5 6.08% What
The current zero-coupon yield curve for risk-free bonds is as follows: Maturity (years) YTM 1 5.02% 2 5.53% 3 5.73% 4 5.91% 5 6.08% What is the price per $100 face value of a two-year, zero-coupon, risk-free bond? The price per $100 face value of the two-year, zero-coupon, risk-free bond is $ (Round to the nearest cent.)
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