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Memphic Memphic
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6 years ago
Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity.  If the YTM of this bond is 10.4%, then the price of this bond is closest to:
A) $1000
B) $602
C) $1040
D) $372
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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deusmarotodeusmaroto
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#1
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6 years ago
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Memphic Author
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6 years ago
Good timing, thanks!
jakechambo3
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Yesterday
Just got PERFECT on my quiz
fgarza2146
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2 hours ago
Thank you, thank you, thank you!
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