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Morgan wants to buy a 1 0 - year, AAA - rated, $ 1 , 0 0 0 par value, zero - coupon bond being
Morgan wants to buy a year, AAArated, $ par value, zerocoupon bond being sold by Upsize Industries, Inc. The yield to maturity on similar bonds is estimated to be How much would he have to pay for the bond interest is compounded semiannually
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