Pretend a company issues a zero-coupon bond that pays 3000
Pretend a company issues a zero-coupon bond that pays $3,000 in a year's time. The company issues a low-risk bond that competes with saving accounts offered by banks. Assume banks offer the interest rate of 4%. Price of this bond is equal to...?
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pretend a company issues a zero-coupon bond that pays 3000 in a years timenbsp the company issues a low-risk bond that
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