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Business, 02.03.2020 17:45 nathansnyder200

You are purchasing a 15-year, zero–coupon bond. The yield to maturity is 6.85 percent and the face value is $1,000. What is the current market price? Assume semiannual compounding.

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You are purchasing a 15-year, zero–coupon bond. The yield to maturity is 6.85 percent and the face v...

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