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You own a $1,000-par zero-coupon bond that has 5 years of remaining maturity. You plan on selling the bond in one year, and believe that the required yield next year will have the following probability,distribution:,Probability Required Yield,0.1 6.60%,0.2 6.75%,0.4 7.00%,0.2 7.20%,0.1 7.45%,a. What is your expected price when you sell the bond?,b. What is the standard deviation?

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