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Answer the following. a. b. Consider a $1,000 face value zero coupon bond which matures in 15 years. What is the fair price for the
Answer the following.
a.
b.
Consider a $1,000 face value zero coupon bond which matures in 15 years. What is the fair price for the bond if the yield is 5%? O A. $386.45 O B. $536.39 O C. $520.68 O D. $481.02 O E. $465.32Step by Step Solution
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