What is the price of a zero-coupon ($1,000 par value) bond that matures in 20 years and

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What is the price of a zero-coupon ($1,000 par value) bond that matures in 20 years and has a promised yield of 9.5%?

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Fundamentals Of Investing

ISBN: 9780134083308

13th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Dec 15, 2016 09:29 AM

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What is the price of a zero-coupon ($1,000 par value) bond that matures in 20 years and

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Fundamentals Of Investing

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