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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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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
