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A 9-year zero coupon bond has a yield to maturity of 12 percent, and a par value of $1,000. What is the price of the
A 9-year zero coupon bond has a yield to maturity of
12 percent, and a par value of $1,000. What is the price of the bond?
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
