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You invest in a zero coupon bond for Games Inc. where you will receive par ($1,000) 5 years from now. Assuming an implied yield of
You invest in a zero coupon bond for Games Inc. where you will receive par ($1,000) 5 years from now. Assuming an implied yield of 7.5%, what was your initial investment?
You invest in a zero coupon bond for XYZ Inc. where you will receive par ($1,000) 8 years from now. Assuming an initial investment of $650, what is your yield to maturity?
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