Question
How much would you have to pay for a 4-year zero-coupon corporate bond with a face value of$100,000, if the market's assessment of the default
How much would you have to pay for a 4-year zero-coupon corporate bond with a face value of$100,000, if the market's assessment of the default risk resulted in a current yield to maturity of 3 percent?(A)$88,899.64(B)$88,848.70(C)$96,153.85(D)$97,087.38
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International Financial Reporting Standards An Introduction
Authors: Belverd Needles, Marian Powers
2nd edition
053847680X, 978-1111793234, 1111793239, 978-0538476805
