Question
Assuming semiannual compounding, a 15-year zero coupon bond with a par value of $1,000 and a required return of 12.2% would have a price of
Assuming semiannual compounding, a 15-year zero coupon bond with a par value of $1,000 and a required return of 12.2% would have a price of _________. |
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Corporate Finance Core Principles And Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
6th Edition
1260571122, 978-1260571127
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