Assume an organization could issue a zero coupon bond at an annual interest rate of 4 percent

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Assume an organization could issue a zero coupon bond at an annual interest rate of 4 percent with semi-annual compounding for 20 years. If it receives $2,264.45 for the bond, how much would it have to pay at the maturity date?

Related Book For answer-question

Financial Management for Public Health and Not for Profit Organizations

ISBN: 978-0132805667

4th edition

Authors: Steven A. Finkler, Thad Calabrese

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Posted Date: Jan 11, 2021 04:09 AM

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Assume an organization could issue a zero coupon bond at an annual interest rate of 4 percent

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Financial Management for Public Health and Not for Profit Organizations

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