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The following table summarizes prices of various default-free, zero-coupon bonds (expressed as a percentage of face value) 4 Maturity (years) Price (per $100 face value)

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The following table summarizes prices of various default-free, zero-coupon bonds (expressed as a percentage of face value) 4 Maturity (years) Price (per $100 face value) $95.5 $91.05 $86.38 $81.65 $76.51 2 a. b. c. Compute the yield to maturity for each bond. Plot the zero-coupon yield curve (for the first five years). Is the yield curve upward sloping, downward sloping, or flat

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