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Using a quarterly compounded yield of 6% (per annum), compute the present value of: (a) A $100,000 5-year zero-coupon bond (b) The payments over 5
Using a quarterly compounded yield of 6% (per annum), compute the present value of: (a) A $100,000 5-year zero-coupon bond (b) The payments over 5 years (not the principle) from a $100,000 6% annuity with quarterly payments (c) A $100,000 5-year 6% coupon bond with quarterly coupon payments
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