Business, 25.03.2020 05:48 RyleyM

G one of your friends purchased a zero coupon corporate bond (i. e., a bond that has no interest payments) for $4,850. The bond has a face value of $25,000 and is due in 16 years. If the bond is held to maturity, what rate of return will your friend make on the investment?

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G one of your friends purchased a zero coupon corporate bond (i. e., a bond that has no interest pay...

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