TristinSaxon2030 TristinSaxon2030
  • 11-01-2024
  • Business
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Consider a bond with a zero percent coupon rate with 20 years to maturity. With a face value of $1,000. The price will this bond trade if the YTM is 6% is closest to:
a) $215
b) $306
c) $312
d) $335

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