Question
A zero coupon bond has a yield to maturity of 6.33 percent and 12 years until it fully matures. What is the current price of
A zero coupon bond has a yield to maturity of 6.33 percent and 12 years until it fully matures. What is
the current price of this bond if the face value is $1,000?
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
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