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Which of the following risk-free, zero-coupon bonds could be bought for the lowest price? Please show work. A. one with a face value of $1000,
Which of the following risk-free, zero-coupon bonds could be bought for the lowest price? Please show work.
A. one with a face value of $1000, a YTM of 3.2%, and 8 years to maturity |
B. one with a face value of $1000, a YTM of 5.9%, and 20 years to maturity |
C. one with a face value of $1000, a YTM of 6.8%, and 10 years to maturity |
D. one with a face value of $1000, a YTM of 4.8%, and 5 years to maturity |
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