Question: Consider a bond with a zero percent coupon rate with 20 years to maturity. With a face value of $1,000. The price will this bond
Consider a bond with a zero percent coupon rate with 20 years to maturity. With a face value of $1,000. The price will this bond trade if the YTM is 6% is closest to
$306.00
None of the above
$215.00
$312.00
$335.00
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