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A 14 year zero coupon bond was issued with a 1000 par value to yield 12%. What is the approximate market value of the bond?
A 14 year zero coupon bond was issued with a 1000 par value to yield 12%. What is the approximate market value of the bond?
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The Handbook Of Traditional And Alternative Investment Vehicles Investment Characteristics And Strategies
Authors: Mark J. P. Anson, Frank J. Fabozzi, Frank J. Jones
1st Edition
0470609737, 978-0470609736
