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Assuming semiannual compounding, a 20-year zero coupon bond with a par value of $1,000 and a required return of 11.6% would be priced at _________.
| Assuming semiannual compounding, a 20-year zero coupon bond with a par value of $1,000 and a required return of 11.6% would be priced at _________. |
| $104.85 | |
| $111.36 | |
| $896.06 | |
| $945.18 |
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Global Corporate Finance A Focused Approach
Authors: Suk Hi Kim, Kenneth A Kim
2nd Edition
9814618004, 9789814618007
