Question
A zero-coupon bond with a par value of $1,000.00 has a current market value of $551.00. If the bond has 8 years to maturity, what
A zero-coupon bond with a par value of $1,000.00 has a current market value of $551.00. If the bond has 8 years to maturity, what is its current yield?
*Please show how to solve with financial calculator
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Fintech In Islamic Finance Theory And Practice
Authors: Umar A. Oseni, S. Nazim Ali
1st Edition
1138494801, 978-1138494800
