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Dwight bought a zero coupon bond having a par value of $1,000 and 5 years to maturity. The bond is priced at a 4 percent
Dwight bought a zero coupon bond having a par value of $1,000 and 5 years to maturity. The bond is priced at a 4 percent yield-to-maturity. How much interest will Dwight earn when the bond matures? Multiple Choice O O $178 O $200 O $822 O $1,000
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