You are considering investing in a zero coupon bond that will pay you its face value of
Fantastic news! We've Found the answer you've been seeking!
Question:
You are considering investing in a zero coupon bond that will pay you its face value of $1000 in ten years. There are no other cash flows.If the bond is currently selling for $485.20, the IRR for investing in this bond is?
Expert Answer:
Posted Date:
