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Suppose you purchase a zero coupon bond with a face value of ?$1,000?, maturing in 19 ?years, for ?$215.30. Zero coupon bonds pay the investor
Suppose you purchase a zero coupon bond with a face value of ?$1,000?, maturing in 19 ?years, for ?$215.30. Zero coupon bonds pay the investor the face value on the maturity date. What is th...
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