Multiple Choice
What is the value of a 20 year zero-coupon bond that has a face value of £1000, given the market required rate of return is 9% (semiannual) is ____.
A) €171.93
B) €178.43
C) €318.38
D) €414.64
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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