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SteveS, MBA
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Suppose you purchase a zero coupon bond for $214.55 with a

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Suppose you purchase a zero coupon bond for $214.55 with a face value of $1,000 maturing in twenty years. If the yield to maturity (YTM) on the bond is 8.00%, what will the price of the bond be at the end of five years from now?
a. $315.24
b. $387.52
c. $410.91
d. none of these
Submitted: 7 years ago.
Category: Homework
Expert:  SteveS replied 7 years ago.

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