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Find the present value of a 6-year zero-coupon bond with a $2,000 par value. Assume the annual market interest rate is 10%. Q3. A $1,000
Find the present value of a 6-year zero-coupon bond with a $2,000 par value. Assume the annual market interest rate is 10%. Q3. A $1,000 face value bond has a 6.0% coupon and pays interest annually. The bond matures in 4 years, and the annual market interest is 3%. What is the Macaulay duration
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
