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Addison company will issue a zero-coupon bond this coming month. The projected yield for the bond is 7%. If the par value of the bond
Addison company will issue a zero-coupon bond this coming month. The projected yield for the bond is 7%. If the par value of the bond is $1,000, what is the price of the bond using a semiannual convention if: a. the maturity is 20 years b. the maturity is 30 years c. the maturity is 50 years d. the maturity is 100 years SHOW WORK
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