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  3. consider the special case of a zero coupon bond a

Consider the special case of a zero coupon bond a bond with 0 coupon rate...

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Basic Math

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Consider the special case of a zero coupon bond a bond with 0 coupon rate If the bond makes a single payment of face par value of 1000 in period five at maturity what is the yield to maturity on the bond if it is trading at a price of 900 enter your answer rounded to two decimal places for example an answer of 5 32 should be entered as 05

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