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You could purchase a zero coupon bond that has a maturity value of $25000 and earns a current market rate of 3 percent. If the
You could purchase a zero coupon bond that has a maturity value of $25000 and earns a current market rate of 3 percent. If the bond matures in 10 years and we assume semiannual compounding, what is the bond worth today?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
