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Use the Zero-Coupon Bond Prices Given in the Following Table

question 4

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Use the zero-coupon bond prices given in the following table to answer the questions that follow. Use the zero-coupon bond prices given in the following table to answer the questions that follow.   -Consider a three-year fixed rate coupon bond with principal of $10 million dollars and paying a coupon of 2 percent per year,paid yearly.What is the value of the bond when it is issued? A)  $9,448,000 B)  $9,552,000 C)  $10,000,000 D)  $10,448,000 E)  $10,552,000
-Consider a three-year fixed rate coupon bond with principal of $10 million dollars and paying a coupon of 2 percent per year,paid yearly.What is the value of the bond when it is issued?


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