Question: These formulas are so confusing. I am not able to understand the solution. Even the algebra is not making any sense. Please help me understand

These formulas are so confusing. I am not able to understand

the solution. Even the algebra is not making any sense. Please help

These formulas are so confusing. I am not able to understand the solution. Even the algebra is not making any sense. Please help me understand it.

$1,000 par value zero coupon bonds, ignore liquidity premiums Bond Years to Maturity Yield to Maturity 6.00% 7.50% 7.99% 8.49% 10.70%

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