You have a choice of buying 1000 face value of a 10-year

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You have a choice of buying $1000 face value of a 10-year zero-coupon bond at a semiannually compounded yield to maturity of 5%, or $1000 of a 10 year zero-coupon bond at a quarterly compounded yield to maturity of 4.9% which bond should you buy?

Reference no: EM13616508

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