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A zero-coupon bond matures at the end of 30 years when it will pay $1,000. How much would the bond sell for today if the
A zero-coupon bond matures at the end of 30 years when it will pay $1,000. How much would the bond sell for today if the market rate of interest (yield to maturity) is 5.5%
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0471072419, 978-0471072416
