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A 10 year, $1,000 per value zero-coupon rate bond is the issued to yield 9 percent. A. What should be the initial price of bonds?

A 10 year, $1,000 per value zero-coupon rate bond is the issued to yield 9 percent. A. What should be the initial price of bonds? B. if immediately upon issue, interest dropped to 8 percent, what would be the value of zero-coupon rate bond? C. if immediately upon issue, interest rate increase to 10 percent, what would be the value of the zero-coupon rate bond? (assume annual compounding)

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