Question: here is another solution: = PV (0.08,20,100,1000) = 1196.36 Class, this week we looked at Stocks and Bonds. Stocks are considered ownership in a company

here is another solution: = PV (0.08,20,100,1000) = 1196.36

Class, this week we looked at Stocks and Bonds. Stocks are considered ownership in a company while Bonds are considered loans.

Last question, what is the current yield? what is a zero-coupon bond? Give Examples.

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