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A zero coupon bond with a R1,000 par value is currently selling for R657 in the market. The yield to maturity is 10% and the
A zero coupon bond with a R1,000 par value is currently selling for R657 in the market. The yield to maturity is 10% and the interest is paid monthly? How many years left until the bond matures? Please provide answer and calculations / entries for a HP10bII+ calculator? Thanks
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
