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What should the purchase price of a 2-year zero-coupon bond be if it is purchased at the beginning of year 2 and has face value
What should the purchase price of a 2-year zero-coupon bond be if it is purchased at the beginning of year 2 and has face value of $1,000 ? (A) $894.21 (B) $888.33 (C) $877.54 (D) $883.32 (E) $871.80
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