pulpfree765 pulpfree765

08-03-2024
Business

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A risk-free, zero-coupon bond with a face value of $10,000 has 15 years to maturity. If the YTM is 6.1%, which of the following would be closest to the price this bond will trade at?
a. $10,000
b. $6,100
c. $3,100
d. $5,500

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