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  3. a zero-coupon bond has a $1,000 par value and 24 y

A zero-coupon bond has a $1,000 par value and 24 years to maturity. If the...

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Finance

A zero-coupon bond has a $1,000 par value and 24 years to maturity. If the bonds required return is 3.4% per year, what is its value?

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