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Zero - coupon bond. Addison Company will issue a zero - coupon bond this coming month. The bond's projected yield is 4 % . If
Zerocoupon bond. Addison Company will issue a zerocoupon bond this coming month. The bond's projected yield is If the par value is $ what is the bond's price using a semiannual convention if
a the maturity is years?
b the maturity is years?
c the maturity is years?
d the maturity is years?
a What is the price of the bond using a semiannual convention if the maturity is years?
$ Round to the nearest cent.
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