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PLEASE SHOW FORMULA AND SOLUTION 10.. For tax purposes, the issuer of a zero-coupon bonds deducts interest every year even though no interest is actually
PLEASE SHOW FORMULA AND SOLUTION
10.. For tax purposes, the issuer of a zero-coupon bonds deducts interest every year even though no interest is actually paid. 11. In the bond market, the difference between the bid and asked prices of a security represent the dealer's profit. 12. Less-liquid bonds will have lower yields than more-liquid bondsStep by Step Solution
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