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An investor is considering the following zero-coupon bond for her Income Preservation Portfolio : Face value: $1,000 Years left until maturity:10 years. Assuming that the
An investor is considering the following zero-coupon bond for her Income Preservation Portfolio:
Face value: $1,000
Years left until maturity:10 years.
Assuming that the YTM of this bond is 10.4%, its "price" (or DCF value) is
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