Business, 22.10.2020 19:01 reesespowerade

Ruth Lewis is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments is 11.5 percent. Assume annual coupon payments. What is the current value of this bond

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Ruth Lewis is interested in buying a five-year zero coupon bond with a face value of $1,000. She und...

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