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Consider a Zero-Coupon Bond with a $1000 Face Value and 10

Question 17

Multiple Choice

Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity. If the YTM of this bond is 10.2%, then the price of this bond is closest to ________.


A) $1000
B) $454.32
C) $530.04
D) $379

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