Question: If a zero coupon bond was issued at a 50% discount from its Face Value, and it matures in 10 years, what is the approximate
If a zero coupon bond was issued at a 50% discount from its Face Value, and it matures in 10 years, what is the approximate rate of interest that it pays? Hint use the rule of 72 7% 4% Not enough information. 8% QUESTION 2 If prices rise at 8% per year, how many years would it be before a meal at a restaurant that now costs $10 would grow to cost \$20? 7 years 12 yeart 9 ye 10 years
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