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Zero Coupon Bond Price Calculate the price of a zero coupon bond that matures in 9 years if the market interest rate is 8 percent.
Zero Coupon Bond PriceCalculate the price of a zero coupon bond that matures in 9 years if the market interest rate is 8 percent. (Round your answer to 2 decimal places.)
Multiple Choice
- A -$920.00
- B- $493.63
- C - $500.25
- D - $1,000.00
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College Accounting Chapters 1-12
Authors: Douglas McQuaig
10th Edition
1439038783, 978-1439038789
