Question
The value of a 25 year zero-coupon bond when the market required rate of return is 10% (semiannual) is ____. $87.20 $92.30 $95.26 $98.31 None
The value of a 25 year zero-coupon bond when the market required rate of return is 10% (semiannual) is ____. $87.20 $92.30 $95.26 $98.31 None of these
**Please show your work.
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International Finance Theory And Policy
Authors: Paul Krugman, Maurice Obstfeld, Marc Melitz
12th Global Edition
1292417005, 978-1292417004
