Question
A risk-free, zero-coupon bond with a face value of $5,000 has 10 years to maturity. If the YTM is 4.5%, what price is this bond
A risk-free, zero-coupon bond with a face value of $5,000 has 10 years to maturity. If the YTM is 4.5%, what price is this bond will trade at?
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
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