Question: *Please show your work using a financial calculator and all inputs used* 5. You are purchasing a 10-year, zero-coupon bond. The yield to maturity is
*Please show your work using a financial calculator and all inputs used*
5. You are purchasing a 10-year, zero-coupon bond. The yield to maturity is 4 percent and the face value is $1,000. What is the current market price? Assume annual compounding. (5 points)
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