The current zero-coupon yield curve for risk-free bonds is as follows: What is the price per $100 face value of a four-year, zero-coupon, risk-free bond? The price per $100 face value of the four-year, zero-coupon, risk-free bond is $. (Round to the nearest cent.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Maturity (years) 1 YTM 5.04% 2 5.54% 3 5.74% 4 5.91% 5 6.08% - X

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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am. 116.

The current zero-coupon yield curve for risk-free bonds is as follows: What is the price per $100 face
value of a four-year, zero-coupon, risk-free bond?
The price per $100 face value of the four-year, zero-coupon, risk-free bond is $ (Round to the
nearest cent.)
Data table
(Click on the following icon in order to copy its contents into a spreadsheet.)
Maturity (years)
YTM
1
2
3
4
5
5.04%
5.54%
5.74%
5.91%
6.08%
- X
Transcribed Image Text:The current zero-coupon yield curve for risk-free bonds is as follows: What is the price per $100 face value of a four-year, zero-coupon, risk-free bond? The price per $100 face value of the four-year, zero-coupon, risk-free bond is $ (Round to the nearest cent.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Maturity (years) YTM 1 2 3 4 5 5.04% 5.54% 5.74% 5.91% 6.08% - X
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