Question
A 13-year zero-coupon bond was issued with a $1000 par value to yield 17. What is the approximate market value of the bond? Use Appendix
A 13-year zero-coupon bond was issued with a $1000 par value to yield 17. What is the approximate market value of the bond? Use Appendix B. (Round "PV Factor" to 3 decimal places and final answer to the nearest dollar amount.)
A.$195
B.$130
C.$98
D.$260
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Quantitative Finance With R And Cryptocurrencies
Authors: Dean Fantazzini
1st Edition
1090685319, 9781090685315
