The government has issued a zero. Coupon bond that will pay $1000 in 22 years. The bond

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The government has issued a zero. Coupon bond that will pay $1000 in 22 years. The bond will pay no interim coupon payment.

What is the present value of the bond if the discount rate is 6.2%?

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Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Posted Date: Jul 22, 2023 03:01 AM

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The government has issued a zero. Coupon bond that will pay $1000 in 22 years. The bond

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To calculate the present value of a zerocoupon bond you can use the ... View the full answer

Fundamentals Of Corporate Finance

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