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What is the present value of a 10-year, pure discount bond (zero coupon bond) paying $ 1,000 at maturity if the market interest rate for
What is the present value of a 10-year, pure discount bond (zero coupon bond) paying $ 1,000 at maturity if the market interest rate for that security is: 1. 5% 2. 10% 3. 15%
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