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There are zero coupon bonds outstanding that have a YTM of 4.89 percent and mature in 11 years. The bonds have a par value of

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There are zero coupon bonds outstanding that have a YTM of 4.89 percent and mature in 11 years. The bonds have a par value of $10,000. If we assume semiannual compounding, what is the price of the bonds? Multiple Choice $5,68172 $5.87764 $5,642.54 $5,730.70 $5,914 60

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