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A zero coupon bond has a face value of $1,000 and matures in 4 years. Investors require a(n) 6.8% annual return on these bonds. What
A zero coupon bond has a face value of
$1,000
and matures in
4
years. Investors require a(n)
6.8%
annual return on these bonds. What should be the selling price of the bond?
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Quantitative Finance: An Object-Oriented Approach In C++
Authors: Erik Schlogl, Dilip B. Madan
1st Edition
1584884797, 978-1584884798
