Question: 9. Consider a 5-year zero-coupon bond with a par value of $1,000 selling for $821.927. What is the yield to maturity (YTM) of this bond?
9. Consider a 5-year zero-coupon bond with a par value of $1,000 selling for $821.927. What is the yield to maturity (YTM) of this bond? 10. Consider the same bond in the last question. What is the price of this bond a year later if interest rate at that time is 3.5%
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