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Business, 31.03.2020 03:40 wezner19

A zero-coupon bond is a bond that is sold now at a discount and will pay its face value at the time when it matures; no interest payments are made. A zero-coupon bond can be redeemed in 20 years for $ 10 comma 000. How much should you be willing to pay for it now if you want a return of: (a) 9% compounded monthly question mark (b) 9% compounded continuously?

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