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Electronic importers has a pure discount bond with a face value of 30,000 that matures in one year. The risk-free rate of return is 3.6
Electronic importers has a pure discount bond with a face value of 30,000 that matures in one year. The risk-free rate of return is 3.6 percent. The assets of the business are expected to be worth 29,000 or 35,000 in one year. Currently, these assets are worth 28,300. What is the current value of the bond ?
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QFinance The Ultimate Resource
Authors: Various Authors
1st Edition
1849300003, 978-1849300001
