Question
Calculate the price of a zero coupon bond that matures in 16 years if the market interest rate is 5.4 percent. (Do not round intermediate
Calculate the price of a zero coupon bond that matures in 16 years if the market interest rate is 5.4 percent.(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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Microeconomics
Authors: Glenn Hubbard, Anthony O'Brien
7th Edition
0134737504, 978-0134737508
