If the interest rate is 5% with annual compounding how much would you pay today for a
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If the interest rate is 5% with annual compounding how much would you pay today for a zero-coupon bond with a face value of $1,200 that matures in 9 years?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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