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Consider the following features of a zero-Coupon bond: coupon rate is zero, number of years to maturity is 7, the yield to maturity is 12%.
Consider the following features of a zero-Coupon bond: coupon rate is zero, number of years to maturity is 7, the yield to maturity is 12%. calculate the price of the bond. a. $568 O b. $854 O c. $452 O d. $1,067
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Applied International Finance
Authors: Thomas J O'Brien
1st Edition
1606497340, 9781606497340
