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A zero-coupon bond has a yield to maturity of 5% and a par value of $1000. If the bond matures in 5 years, it should
A zero-coupon bond has a yield to maturity of 5% and a par value of $1000. If the bond matures in 5 years, it should sell for a price of __________ today.
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Financial Performance
Authors: Marc Bertoneche, Rory Knight
1st Edition
0750640111, 978-0750640114
