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What is the price of a 1-year zero-coupon bond to be issued at the end of year 1? Group of answer choices 937.23 952.13 958.33
What is the price of a 1-year zero-coupon bond to be issued at the end of year 1? Group of answer choices 937.23 952.13 958.33 961.37
\begin{tabular}{|c|c|c|c|c|} \hline Bond & 1 & III & IIII & IV \\ \hline Type & Zero & Zero & Coupon & Zero \\ \hline \begin{tabular}{l} Face \\ value \end{tabular} & 1,000 & 1,000 & 1,000 & 1,000 \\ \hline \begin{tabular}{l} Coupon \\ rate \end{tabular} & 0% & 0% & 4% & 0% \\ \hline Maturity & 1 & 2 & 3 & 1 \\ \hline Price & 960 & 920 & 990 & ? \\ \hline \begin{tabular}{l} Issue \\ date \end{tabular} & Today & Today & Today & \begin{tabular}{l} At the end \\ of 1 st year \end{tabular} \\ \hline \multicolumn{5}{|l|}{ YTM } \\ \hline Duration & & ? & ? & \\ \hline \end{tabular}Step by Step Solution
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