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Which of the following riskminus free, zero minuscoupon bonds could be bought for the lowest price? A. one with a face value of $1,000, a
Which of the following riskminus free,zero minuscoupon bonds could be bought for the lowest price?
A.
one with a face value of $1,000, a YTM of 5.9%, and 20 years to maturity
B.
one with a face value of $1,000, a YTM of 4.8%, and 5 years to maturity
C.
one with a face value of $1,000, a YTM of 3.2%, and 8 years to maturity
D.
one with a face value of $1,000, a YTM of 6.8%, and 10 years to maturity
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