Use the Figure for the Question(s) Below

question 15

Multiple Choice

Use the figure for the question(s) below.
-A risk-free, zero-coupon bond with a face value of $10,000 has 15 years to maturity. If the YTM is 6.1%, which of the following would be closest to the price this bond will trade at?

• A) $4937
• B) $5760
• C) $6582
• D) $4114

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