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A zero coupon bond will be worth $12,000 when it matures and is redeemed after 10 years. How much would an investor be willing
A zero coupon bond will be worth $12,000 when it matures and is redeemed after 10 years. How much would an investor be willing to pay now for this bond if a 5% per year yield is desired? Click the icon to view the interest and annuity table for discrete compounding when /-5% per year The current worth of the bond is $(Round to the nearest dollar)
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