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What is the price of a zero coupon bond maturing in 4 years where the update of the interest occurs every half a year. Assume
What is the price of a zero coupon bond maturing in 4 years where the update of the interest occurs every half a year. Assume principal is 100. Annual interest per annum is 4%
1. | 85.13 | |
2. | 86.17 | |
3. | 85.35 | |
4. | 84.86 |
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