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1 September, 10:45

What is the price of $100 face value of a ten-year, zero-coupon, risk-free bond with an ytm of 5%? $58.82

b.$61.39

c.$37.73

d.$73.59?

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Answers (1)
  1. 1 September, 11:13
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    100=P (1+0.05) ^10

    P=100 / (1.05) ^10

    P=61.39
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