Question: Help Save Submit A 18-year zero coupon bond was issued with a S1000 par value to yield 17%. What is the approximate market value of

 Help Save Submit A 18-year zero coupon bond was issued with

Help Save Submit A 18-year zero coupon bond was issued with a S1000 par value to yield 17%. What is the approximate market value of the bond? Use and B. Round "PV Factor" to 3 decimal places and final answer to the nearest dollar amount.) Multiple Choice $44 O $59 $118 O $88

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