Question
consider a zero-coupon with a $1000 face value and 10 years left until maturity. If the YMT of this bond is 10.4%, the the price
consider a zero-coupon with a $1000 face value and 10 years left until maturity. If the YMT of this bond is 10.4%, the the price of this bond is closets to:
a. $1040
b. $602
c. $1000
d. 372
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
