1. A risk-free bond will pay you $1000 in 2 years and nothing in between. The annual...
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1. A risk-free bond will pay you $1000 in 2 years and nothing in between. The annual discount rate is i=67.5% compounded annually. What is the bond’s present value?
Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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