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(Time allowance estimation: 4 minutes) Fourtees inc, is about to issue a 10-year, a zero-coupon bond. The bond's projected yield is 10%. Assume the par
(Time allowance estimation: 4 minutes) Fourtees inc, is about to issue a 10-year, a zero-coupon bond. The bond's projected yield is 10%. Assume the par value is $1,000. What is the bond's price using semiannual convention? 231.38508.351.000.00385.54376.8997.22239.39
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