Question: Consider a 5-year zero coupon bond. Its yield is quoted as a semi-annual APR and equals 6%. Determine the price of this bond. Note, express

Consider a 5-year zero coupon bond. Its yield is quoted as a semi-annual APR and equals 6%. Determine the price of this bond. Note, express this price as a percentage of par value. (please explain your answer clearly, thank you)

A. 70.000 B. 74.409 C. 74.726 D. 86.261 E. 100.000

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