Suppose a $1,000 face value, zero-coupon bond has five years remaining to maturity. The bond is currently

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Suppose a $1,000 face value, zero-coupon bond has five years remaining to maturity. The bond is currently priced to yield 5%. What is the value of this bond?

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Foundations And Applications Of The Time Value Of Money

ISBN: 9780470407363

1st Edition

Authors: Pamela Peterson Drake, Frank J. Fabozzi

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