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Grace Corp. has a zero-coupon bond outstanding that matures in 15 years. This bond is selling for $327.50 today and will pay $1,000 at maturity.
Grace Corp. has a zero-coupon bond outstanding that matures in 15 years. This bond is selling for $327.50 today and will pay $1,000 at maturity. What is the yield to maturity to the investor who buys the bond and holds it until maturity?
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Impact Investing In Africa A Guide To Sustainability For Investors Institutions And Entrepreneurs
Authors: Edward Mungai
1st Edition
3030004279,3030004287
