An 15-year zero coupon bond was recently quoted at 14000, Financial Management

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An 15-year zero coupon bond was recently quoted at 14000

A(n) 15-year, zero coupon bond was recently quoted at 14.000. Find the current yield and yield to maturity of this issue, given the bond has a par value of $1,000. (Assume annual compounding for the yield-to-maturity measure.) Round the answers to two decimal places. Do not round intermediate calculations. Leave no cell blank. Be sure to enter "0" wherever required.

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Financial Management: An 15-year zero coupon bond was recently quoted at 14000

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Financial Management: An 15-year zero coupon bond was recently quoted at 14000

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