Assume the zero-coupon yields on default-free securities are as summarized in the following table: (Click...
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Assume the zero-coupon yields on default-free securities are as summarized in the following table: (Click on the following icon in order to copy its contents into a spreadsheet.) 2 What is the price of a five-year, zero-coupon, default-free security with a face value of $1,000 ? The price is $ (Round to the nearest cent.)
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