Vitmix industries inc is issuing a zerominuscoupon bond, Financial Management

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Vitmix industries inc is issuing a zerominuscoupon bond

Vitmix Industries Inc. is issuing a zero−coupon bond that will have a maturity of fifty years. The?bond's par value is? $1,000, and the current yield on similar bonds is? 7.5%. What is the expected price of this?bond, using the semi-annual? convention?

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Financial Management: Vitmix industries inc is issuing a zerominuscoupon bond

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Financial Management: Vitmix industries inc is issuing a zerominuscoupon bond

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