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There are zero coupon bonds outstanding that have a YTM of 5.13 percent and mature in 15 years. The bonds have a par value of
There are zero coupon bonds outstanding that have a YTM of 5.13 percent and mature in 15 years. The bonds have a par value of $10,000. If we assume semiannual compounding, what is the price of the bonds? $4521.69 $4677.61 $4721.72 $4560.67 $4490.51
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