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Please answer the following questions: You hold a zero coupon bond that will pay $5439709 in 26 years. Knowing that the current risk free rate
Please answer the following questions:
You hold a zero coupon bond that will pay $5439709 in 26 years. Knowing that the current risk free rate is 4.6% (compounded biannually), what is the value of this bond today?. QUESTION 14 Springfield is depositing $44 million today to put aside for a bond payment due in 8 years. If that account yields 4.2% compounded annually how much will it be at the end of the 8 years? Please report your answer in millions of dollars. Example: $54,318,322 would be 54.3183 in millions
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