Question: Calculate the current yield and yield to maturity on a 12.3%, 15-year bond that is quoted at 94.375. If a 17 year, zero-coupon bond is

Calculate the current yield and yield to maturity on a 12.3%, 15-year bond that is quoted at 94.375.

If a 17 year, zero-coupon bond is selling to yield 13%, what is its current price?

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