Business, 21.02.2020 17:59, karateprincess1

A zero-coupon bond pays no annual coupon interest payments. When it matures at the end of 10 years it pays out $1,000. If investors wish to earn 6.5% per year on this bond investment, what is the current price of the bond?

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A zero-coupon bond pays no annual coupon interest payments. When it matures at the end of 10 years i...