Multiple Choice
Your firm offers a 10-year,zero coupon bond. The yield to maturity is 8.8%. What is the current market price of a $1,000 face value bond?
A) $430.24
B) $473.26
C) $835.56
D) $919.12
E) $1,088.00
Correct Answer:
Verified
Correct Answer:
Verified
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