Question
A 5-year zero-coupon bond is trading at a yield of 7.5 percent per year. What is the price of the bond assuming a par amount
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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