Question
How much do you pay for a zero coupon government bond that has a term of 30 years, an interest rate of 10 %, and
How much do you pay for a zero coupon government bond that has a term of 30 years, an interest rate of 10%, and a par value of $1000.
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
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