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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Related Book For
Foundations And Applications Of The Time Value Of Money
ISBN: 9780470407363
1st Edition
Authors: Pamela Peterson Drake, Frank J. Fabozzi
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