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At what price will a zero-coupon bond with a face value of $1000 sell for today, assuming the required rate of return is 4% and
At what price will a zero-coupon bond with a face value of $1000 sell for today, assuming the required rate of return is 4% and the bond matures in 8 years?
Question 14 options:
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a) | $731. |
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b) | $968. |
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c) | $1,000. |
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d) | $1,125. |
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