mijahdoug12362 mijahdoug12362
  • 22-04-2024
  • Mathematics
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Consider a zero-coupon bond with a $1000 face value and 20 years left until maturity. If the yield to maturity (YTM) of this bond is 5.5%, then the price of this bond is closest to ________.
1) $376.89
2) $413.22
3) $451.25
4) $492.10

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