Calculating Interest Rate. A zero-coupon bond which will pay $1,000 in 10 years is selling today for

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Calculating Interest Rate. A zero-coupon bond which will pay $1,000 in 10 years is selling today for $422.41. What interest rate does the bond offer?

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Study Guide To Accompany Fundamentals Of Corporate Finance

ISBN: 9780073012421

5th Edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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