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Zero-coupon bond . Wesley Company will issue a zero-coupon bond this coming month. The projected bond yield is 8%. If the par value is $1,000,
Zero-coupon bond.
Wesley Company will issue a zero-coupon bond this coming month. The projected bond yield is 8%. If the par value is $1,000, what is the bond's price using a semiannual convention if
a.the maturity is 15 years?
b.the maturity is 40 years?
c.the maturity is 60 years?
d.the maturity is 100 years?
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