If an investors required return is 12 percent, the value of a 10-year-maturity zero coupon bond with

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If an investor’s required return is 12 percent, the value of a 10-year-maturity zero coupon bond with a maturity value of $1,000 is closest to:

a. $312

b. $688

c. $1,000

d. $1,312.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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