Question: Use X = $700 Cellular International zero coupon bonds (par value $1,000) matures on April 21, 2022. Calculate the yield-to-maturity if an investor purchased one
Use X = $700
Cellular International zero coupon bonds (par value $1,000) matures on April 21, 2022. Calculate the yield-to-maturity if an investor purchased one of these bonds on April 21, 2016, at a price of X
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