A 5year zerocoupon bond with a face value of $1,000 is priced to yield 6.5 percent. What

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A 5‐year zero‐coupon bond with a face value of $1,000 is priced to yield 6.5 percent. What is the price of this bond today?

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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