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Business, 26.02.2020 02:52 smartoa

Sarah Allen 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 9.5 percent. Assume annual coupon payments. What is the current value of this bond

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Sarah Allen is interested in buying a five-year zero coupon bond with a face value of $1,000. She un...
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