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Sunland Corp, a US company, has a five year bond whose yield to maturity is 7.0 percent (assume semiannual compounding). The bond has no coupon
Sunland Corp, a US company, has a five year bond whose yield to maturity is 7.0 percent (assume semiannual compounding). The bond has no coupon payments. What is the price of this Zero coupon bond ?
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