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What is the fair value of a 6-year riskless zero-coupon bond with a face value of $100 if yields to maturity on comparable bonds are

What is the fair value of a 6-year riskless zero-coupon bond with a face value of $100 if yields to maturity on comparable bonds are 5%?

a) $74.62

b) $84.62

c) $94.62

d) $104.62

e) None of the above.

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