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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. A zero-coupon bond that matures in 15 years is currently selling for $209 per $1000 par value. What is the promised yield on this bond?
2. A zero-coupon ($1000 par value) bond that matures in 10 years has a promised yield of 9%. What is the bond’s price?
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Q
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