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Zero-coupon bond. Addison Company will issue a zero-coupon bond this coming month. The bond's projected yield is 7%. If the par value is $1,000, what

Zero-coupon bond.

Addison Company will issue a zero-coupon bond this coming month. The bond's projected yield is 7%.

If the par value is $1,000, what is the bond's price using a semiannual convention if

c.the maturity is

50

years?

d.the maturity is

100

years?

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