Question: The $2000 face value W bond (non-zero coupon bond) has a coupon rate of 6%, with interest paid annually, and matures in 5 years. If
The $2000 face value W bond (non-zero coupon bond) has a coupon rate of 6%, with interest paid annually, and matures in 5 years. If the discount rate is 8%, what is the bond's value today?
Would you pay for this bond 920 USD?
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