Question
A risk-free, zero-coupon bond with a $10,000 face value has 15 years to maturity. The bond currently trades at $8,380. What is the yield
A risk-free, zero-coupon bond with a $10,000 face value has 15 years to maturity. The bond currently trades at $8,380. What is the yield to maturity of this bond?
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
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