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Question 8 4 pts Joseph buys a 8-year zero-coupon bond with a $1,000 face value. If the market interest rates are 5% compounding annually. What
Question 8 4 pts Joseph buys a 8-year zero-coupon bond with a $1,000 face value. If the market interest rates are 5% compounding annually. What is the price of the zero- coupon bond? (Round the answer to the nearest whole dollar.) Joseph buys a 8-year zero-coupon bond with a $1,000 face value. If the market interest rates are 5% compounding annually. What is the price of the zerocoupon bond? (Round the answer to the nearest whole dollar.)
Question 8 4 pts Joseph buys a 8-year zero-coupon bond with a $1,000 face value. If the market interest rates are 5% compounding annually. What is the price of the zero- coupon bond? (Round the answer to the nearest whole dollar.)
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