Question
1) What is the price per $ 100 face value of afour-year, zero-coupon,risk-free bond? round to two-decimal places YTM (years) - 1st year - 4.96%,
1) What is the price per $ 100face value of afour-year, zero-coupon,risk-free bond? round to two-decimal places
YTM (years) - 1st year - 4.96%, 2nd- 5.51%, 3r - 5.78%, 4th - 5.96%, 5th - 6.08%
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Calculus
Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon
9th edition
131429248, 978-0131429246
