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A bond has a par-value of $1,000, pays 0% annual coupon rate at the end of each year and maturity period is 10 years. How
A bond has a par-value of $1,000, pays 0% annual coupon rate at the end of each year and maturity period is 10 years. How much would you pay to purchase this 0% coupon rate bond which has 10 years maturity period?
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