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What should the purchase price of a 5-year zero-coupon bond be if it is purchased today and has face value of $1,000? A. $776.14 B.
What should the purchase price of a 5-year zero-coupon bond be if it is purchased today and has face value of $1,000?
A. $776.14
B. $721.15
C. $779.54
D. $756.02
E. $766.32
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
