Question: 2 3 . [ Show Calculation ] A 1 0 - year zero - coupon bond with par value of $ 1 , 0 0

23.[Show Calculation] A 10-year zero-coupon bond with par value of $1,000 and YTM of 7% should be selling at:
a. $386
b. $463
c. $508
d. $1,000
e. None of the above options is correct.

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