Valuing Bonds What is the price of a 10-year, pure discount bond paying $1,000 at maturity if

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Valuing Bonds What is the price of a 10-year, pure discount bond paying $1,000 at maturity if the YTM is

a. 5 percent?

b. 10 percent?

c. 15 percent?

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Corporate Finance

ISBN: 9780073105901

8th Edition

Authors: Jeffrey Jaffe, Bradford D Jordan

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