Business, 04.07.2020 14:01 sky724

A 15-year, $1,000 par value zero-coupon rate bond is to be issued to yield 9 percent. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. What should be the initial price of the bond

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A 15-year, $1,000 par value zero-coupon rate bond is to be issued to yield 9 percent. Use Appendix B...