LillyNguyen7118 LillyNguyen7118

25-11-2022
Business

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A zero-coupon bond has a yield to maturity of 12% and a par value of $1,000. If the bond matures in 18 years, the bond should sell for a price of _______ today.
Multiple Choice
$122.74
$513.16
$422.41
$501.87

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