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A zero coupon security pays $100,000 in 8 years. what is the current price of this security if the current interest is 4 percent? the
A zero coupon security pays $100,000 in 8 years. what is the current price of this security if the current interest is 4 percent? the current interest rate is 7 percent? what is the percent reduction in price caused by this 3 percentage point increase in interest rates? Please provide an excel work...Thanks
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