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You find a zero coupon bond with a par value of $1,000 and 17 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the price of the bond
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Dec 6, 2023
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You find a zero coupon bond with a par value of $1,000 and 17 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the price of the bond
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Answer:
$4,434.21
Step-by-step explanation:
Reevolt
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Dec 13, 2023
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