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What interest rate is implicit in a $1,000 par value zero-coupon bond that matures in 9...

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Finance

What interest rate is implicit in a $1,000 par value zero-couponbond that matures in 9 years if the current price is $560.

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Solution The interest rate implicit rate in a zero coupon bond can be calculated using the following formula Interest rate    See Answer
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What interest rate is implicit in a $1,000 par value zero-couponbond that matures in 9 years if the current price is $560.

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