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11) A newly issued 15-year, $1000, zero coupon bond just sold for $450. What is the implicit interest, in dollars, for the first year of
11) A newly issued 15-year, $1000, zero coupon bond just sold for $450. What is the implicit interest, in dollars, for the first year of bondâ??s life? Assume semiannual compounding.a)2.69%b)4.16% 2 answers
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Value at Risk The New Benchmark for Managing Financial Risk
Authors: Philippe Jorion
3rd edition
0070700427, 71464956, 978-0071464956
