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An investor wants to purchase a five-year Treasury bond that pays zero coupons. The face value of the bond is $1,000.00. If the market rate
An investor wants to purchase a five-year Treasury bond that pays zero coupons. The face value of the bond is $1,000.00. If the market rate of interest for this investment is 4.31%, what is the market value of the bond today?
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Fundamentals Of Corporate Finance
Authors: Stephen A Ross, Randolph W Westerfield, Bradford D Jordan
7th Edition
0073134295, 9780073134291
