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The currentzero-coupon yield curve forrisk-free bonds is asfollows: Maturity (years) 1 2 3 4 5 YTM 5.01 % 5.01% 5.48 % 5.48% 5.73 % 5.73%
The currentzero-coupon yield curve forrisk-free bonds is asfollows:
Maturity (years)
1
2
3
4
5
YTM
5.01 %
5.01%
5.48 %
5.48%
5.73 %
5.73%
5.92 %
6.06 %
6.06%
What is the price per $100 face value of afour-year, zero-coupon,risk-free bond?
The price per $100 face value of thefour-year, zero-coupon,risk-free bond is $__(Round to the nearestcent.)
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