Question: Suppose you purchase a zero-coupon bond with a face value of $1,000, maturing in 22 years, for $475. If the yield to maturity on
Suppose you purchase a zero-coupon bond with a face value of $1,000, maturing in 22 years, for $475. If the yield to maturity on the bond remains unchanged, what will be the price of the bond 5 years from now?
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