Question: A ten - year zero coupon bond with a face value of $ 1 , 0 0 0 is currently issued at 4 8 .

A ten-year zero coupon bond with a face value of $1,000 is currently
issued at 48.72% of the face value. Assume the bond's YTM remains
unchanged throughout the bond's term to maturity. What should the
bond be sold for three years from now? (i dont understand what formula was used to find the interest rate in the first part of solving this question, please explain with steps)

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