A 10-year zero-coupon bond that yields a 5% is issued with a $1000 par value. What is the insurance price…
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
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A 10-year zero-coupon bond that yields a 5% is issued with a $1000 par value. What is the insurance price…
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b. $64
c. $6,140
d. None of These
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