Question
A zero-coupon bond was issued with a $10,000 par value. If similar bonds are currently yielding 8%, what is the market value of the bond
A zero-coupon bond was issued with a $10,000 par value. If similar bonds are currently yielding 8%, what is the market value of the bond with 3 years to maturity?
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
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