Today, you want to sell an R1 000 par value zero coupon bond you own. The bond
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Today, you want to sell an R1 000 par value zero coupon bond you own. The bond matures in five years. How much will you receive for your bond, if the market yield to maturity is currently 5,33%?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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