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A zero-coupon bond has a $1,000 par value and 15 years to maturity. If the bond's required return is 7.2% per year, what is its
A zero-coupon bond has a $1,000 par value and 15 years to maturity. If the bond's required return is 7.2% per year, what is its value? 1) $338.15 2) $352.43 3) $331.45 4) $326.14 5) $347.92
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