There is a zero coupon bond that sells for $4,382.38 and has a par value of...
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There is a zero coupon bond that sells for $4,382.38 and has a par value of $10,000. If the bond has 19 years to maturity, what is the yield to maturity? Assume semiannual compounding. Multiple Choice 4.28% 4.21% 4.39% 4.24% 4.44% There is a zero coupon bond that sells for $4,382.38 and has a par value of $10,000. If the bond has 19 years to maturity, what is the yield to maturity? Assume semiannual compounding. Multiple Choice 4.28% 4.21% 4.39% 4.24% 4.44%
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Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
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