Multiple Choice
For bonds A and B below find the values of X and Y assuming each is a zero-coupon bond with a $1,000 face value (semiannual compounding) .
A) eight years and 4 percent
B) 10 years and 8 percent
C) 12 years and 10 percent
D) 14 years and 12 percent
E) eight years and 18 percent
Correct Answer:

Verified
Correct Answer:
Verified
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