Question: solve Gray Corporation offers a $1,000 face value, zero coupon bond with a yield to maturity of 11.3 percent, given annual compounding. The bond matures
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Gray Corporation offers a $1,000 face value, zero coupon bond with a yield to maturity of 11.3 percent, given annual compounding. The bond matures in 16 years. What is the current price? Multiple Choice O $180.33 O $188.36 O $190.09 O $192.18 O $178.78Step by Step Solution
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