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1) A zero coupon bond has a face value of $10,000 and will mature in 2 years. The current interest rate in the market is
1) A zero coupon bond has a face value of $10,000 and will mature in 2 years. The current interest rate in the market is 5%. Current 2-year notes issued by the Treasury are offering coupon payments consistent with a 5% coupon rate. What is the zero coupon bond worth? 4. 2) An issue of commercial paper has a maturity in 180 days, which is when it will pay the owner $1000. The current 6-month commercial paper rate is 2%, what is the current price of this paper
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