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Compute the value of a 1,000 par value zero coupon bond with 15 years to maturity given a 7% market rate of return. A. 1,000
Compute the value of a 1,000 par value zero coupon bond with 15 years to maturity given a 7% market rate of return.
A. 1,000 |
B. 362.45 |
C. 315.24 |
D. | 239.39 |
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