Question: Assume you purchased a 7 - year zero with a face value of $ 5 0 , 0 0 0 and YTM of 5 %

Assume you purchased a 7-year zero with a face value of $50,000 and YTM of 5%. What is the duration of this 7-year zero?
a.6.22 years
b.6.08 yoars
c.7.00 years
d.0.76 years
Assume you purchased a 7 - year zero with a face

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