Question: You are purchasing a 2 0 yrs , zero - coupon bond the yield maturity is 8 . 6 8 % and the face value

You are purchasing a 20 yrs, zero -coupon bond the yield maturity is 8.68% and the face value is $1000.00. What is the current market price?
A)$106.67B)$108.18 C)$182.80 D)$221.50 E)$228.47. Please show the solution

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