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***Please show the work for both A and B. Thank you!!! Eight years ago you purchased a $1,000 30-year zero coupon bond for $575. What
***Please show the work for both A and B. Thank you!!!
Eight years ago you purchased a $1,000 30-year zero coupon bond for $575. What was the annual YTM on that bond at that time using (a) annual compounding; and (b) semiannual compounding? A 1.86%; 1.85%. B 7.39% 2.46% C 2.46%, 7.39% D 3.36%: 5.46%Step by Step Solution
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