Question
What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 6 years if the appropriate discount
What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 6 years if the appropriate discount rate is 8%. Please round your answer to the nearest cent.
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ISE Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
18th International Edition
1265074658, 9781265074654
