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sss A 10-year, semi-annual zero-coupon bond has a face value of $1,000 and 7% yield, what is the market value of the bond? Group of
sss
A 10-year, semi-annual zero-coupon bond has a face value of $1,000 and 7% yield, what is the market value of the bond?
Group of answer choices
e) $503
d) $258
a) $1,000
b) $644
c) This bond should be valued at $0 since its coupon rate is 0%
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