Question
Zero Coupon Bonds. Collette Ltd. needs to raise fund and issues 30-year zero coupon bond. If the face value of the bond is $37,500.00
Zero Coupon Bonds. Collette Ltd. needs to raise fund and issues 30-year zero coupon bond. If the face value of the bond is $37,500.00 and the current interest is 6.25%, how much is the bond?
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
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