A zero-coupon bond with a par value of 2000 matures in 10

A zero-coupon bond with a par value of $2,000 matures in 10 years. At what price would this bond provide a yield to maturity that matches the current market rate of 8 percent?

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Financial Management: A zero-coupon bond with a par value of 2000 matures in 10
Reference No:- TGS01130970

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