Continuous Compounding A zero coupon bond that will pay 1,000 in 10 years is selling today at
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Continuous Compounding A zero coupon bond that will pay €1,000 in 10 years is selling today at €422.41. What is the continuously compounded annual interest rate on the bond?
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Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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