Cyberdyne systems is issuing a series of zero coupon bonds, Financial Management

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Cyberdyne systems is issuing a series of zero coupon bonds

Cyberdyne Systems is issuing a series of zero coupon bonds to raise? $500M to fund research and development at its Skynet division. Each bond will have a face value of 1000.00 and will mature in 15 years. The yield on the bond is 2?%.

What is the fair price for one of Cyberdyne's zero coupon? bonds?

The fair price for one of? Cyberdyne's zero coupon bonds is $nothing.?(Round to the nearest? cent.)

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Financial Management: Cyberdyne systems is issuing a series of zero coupon bonds

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Financial Management: Cyberdyne systems is issuing a series of zero coupon bonds

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