Addison company will issue a zero-coupon bond this coming


Addison Company will issue a zero-coupon bond this coming month. The? bond's projected yield is 7%. If the par value is ?$1,000?, what is the? bond's price using a semiannual convention if

a. the maturity is 15 ?years?

b.  maturity is 35 ?years?

c. the maturity is 70 ?years?

d. the maturity is 80 ?years?

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Financial Management: Addison company will issue a zero-coupon bond this coming
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