Question
A mutual fund manager purchased a zero coupon bond with a face value of $1,000. If the bond matures in 9 years and the price
A mutual fund manager purchased a zero coupon bond with a face value of $1,000. If the bond matures in 9 years and the price for the bond was $552, what is the yield inferred by this information? (Provide your solution as a decimal with four digits of accuracy.)
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Financial Markets Of Eastern Europe And The Former Soviet Union
Authors: François Perquel
1st Edition
1855733404,1782420002
