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What interest rate is implicit in a $1,000 par value zero-coupon bond that matures in 10 years if the current price is $410?
What interest rate is implicit in a $1,000 par value zero-coupon bond that matures in 10 years if the current price is $410?
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
