A zero-coupon bond with face value 1000 and maturity of six, Financial Management

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A zero-coupon bond with face value 1000 and maturity of six

A zero-coupon bond with face value $1,000 and maturity of six years sells for $751.22.

a. What is its yield to maturity? (Round your answer to 2 decimal places.) Yield to maturity %

b. What will the yield to maturity be if the price falls to $735? (Round your answer to 2 decimal places.) Yield to maturity %

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Financial Management: A zero-coupon bond with face value 1000 and maturity of six

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Financial Management: A zero-coupon bond with face value 1000 and maturity of six

Reference No:- TGS01419109

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