Multiple Choice
Zeta Corporation has issued a $1,000 face value zero-coupon bond. Which of the following values is closest to the correct price for the bond if the appropriate discount rate is 4% and the bond matures in 8 years?
A) $968.
B) $731.
C) $1,000.
D) $1,125.
Correct Answer:
Verified
Correct Answer:
Verified
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