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Merced Co. wants to issue 10-year, zero coupon bonds that yield 7 percent. Assume annual compounding. What price should it charge for these bonds if
Merced Co. wants to issue 10-year, zero coupon bonds that yield 7 percent. Assume annual compounding. What price should it charge for these bonds if the face value is $1,000?
I need help solving this problem !! also show all your work !! Also if have more then one answer seperate your answers so easy understand when reading it !! Keep your post organzied !!
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