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While doing research on the bond market, Ming Yu finds the following default-free zero-coupon bonds: Bond Years to Maturity Yield to Maturity Par Value A
While doing research on the bond market, Ming Yu finds the following default-free zero-coupon bonds:
| Bond | Years to Maturity | Yield to Maturity | Par Value |
| A | 1 | 5.5% | $1,000 |
| B | 2 | 5.7% | $1,000 |
| C | 3 | 6.0% | $1,000 |
| D | 4 | 6.5% | $1,000 |
| E | 5 | 8.0% | $1,000 |
Using implied rates, what will the price of Bond D be one year from now?
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Finance For IT Decision Makers
Authors: Michael Blackstaff
3rd Edition
1780171226, 978-1780171227
