A 10-year zero-coupon bond that yields a 5% is issued with a $1000 par value. What is the insurance price…

January 18, 2022/in Do My Essay /by developer

A 10-year zero-coupon bond that yields a 5% is issued with a $1000 par value. What is the insurance price of the bond?

a. $614

b. $64

c. $6,140

d. None of These

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