Mathematics, 20.10.2020 07:01 brainbean
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Trey purchased a 30-year Zero-Coupon bond. It has a value of $20,000.00 at maturity and is offered at 5.5% interest compounded semiannually. How much will he need to invest to buy this bond?
A. $4000.45
B. $3927.54
C. $3727.54
D. $4221.55
Answers: 1
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Trey purchased a 30-year Zero-Coupon bond. It has...
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