EBK INVESTMENTS
EBK INVESTMENTS
11th Edition
ISBN: 9781259357480
Author: Bodie
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 20, Problem 30PS
Summary Introduction

To calculate: Zero-coupon bond’s market price with face value of $105 with one month maturity and risk-free interest rate.

Introduction:

Bond price: It is supposed to be the present value of a bond derived after discounting the future cash flows that are expected to be generated by a bond. It is also referred as selling price of the bond.

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why all of you solving using assumptions data i will give unhelpful all of you.
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