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Topic 3: Time value of money 4. Suppose a 5-year zero-coupon Treasury bond with face value $1000 has a 5% yield (annually compounded). (a) What
Topic 3: Time value of money 4. Suppose a 5-year zero-coupon Treasury bond with face value $1000 has a 5% yield (annually compounded). (a) What is the price of this bond? (b) Suppose another zero-coup...
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