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You bought a zero-coupon bond at a 6% semi-annual discount. What is the bonds accretion (in dollars) in the first year? Assume a ten-year horizon.
You bought a zero-coupon bond at a 6% semi-annual discount. What is the bonds accretion (in dollars) in the first year? Assume a ten-year horizon.
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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
