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Level I
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Fixed Income
Fixed Income
Easy
A 15-year zero-coupon bond with a face value of $1,000 and a YTM of 5% is priced closest to:
A
$481.02
B
$500.00
C
$750.00
D
$1,000.00
Select an answer to continue
Tags
#zero-coupon
#bond-pricing
#present-value
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