What will the price of the bond be five years from now

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Question - Suppose you purchase a zero-coupon bond with face value $1,000, maturing in 20 years, for $214.51. If the yield to maturity on the bond remains unchanged, what will the price of the bond be five years from now?

a. 315.20

b. 387.52

c. 410.91

d. 680.58

e. 1000

Reference no: EM132517122

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