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Business, 25.02.2020 22:28 madisonsolis05

Helen Martin is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments is 8.5 percent. Assume annual coupon payments. What is the current value of this bond?

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Helen Martin is interested in buying a five-year zero coupon bond with a face value of $1,000. She u...
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