What is the value of zero - coupon bond with a par value of $ 1 ,
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Question:
What is the value of zerocoupon bond with a par value of $ and a yield to maturity of The bond has years to maturity.
Provide the steps to solving this problem using a financial calculator as well as reasonings for certain steps if needed:
Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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