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A zero-coupon bond has a $1,000 par value and its price is $446.44. If its yield to maturity is 6.4% per year, in how many
A zero-coupon bond has a $1,000 par value and its price is $446.44. If its yield to maturity is 6.4% per year, in how many years does the bond mature? OA) 12 B) 11 C) 13 D) 10 El 14
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
7th Edition
0077861604, 9780077861605
