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Calculate the value of a zero coupon 10-year bond (semi-annual) with a face value of $1,000. Assume the market rate is 2.40%. A) $1,269 B)
Calculate the value of a zero coupon 10-year bond (semi-annual) with a face value of $1,000. Assume the market rate is 2.40%.
A) $1,269 B) $806.6 C) $787.75 D) $123 E) $622.30
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
