Suppose you purchase a zero-coupon bond with a face value of $1,000, maturing in 8...
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Suppose you purchase a zero-coupon bond with a face value of $1,000, maturing in 8 years, for $405. If the yield to maturity on the bond remains unchanged, what will be the price of the bond 5 years from now? $713 $730 $748 $766 $784
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