Question: The U . S . Treasury has issued 5 - year zero - coupon bonds. The market rate is 9 . 6 0 % .

The U.S. Treasury has issued 5-year zero-coupon bonds. The market rate is 9.60%. What will be the current market price of these bonds if compounding is semi-annual?
$663.27
3581.93
$632.34
$638.24
$625.73
The U . S . Treasury has issued 5 - year zero -

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