An n-year zero coupon bond with a par value of 1000 was


An n-year zero coupon bond with a par value of $1000 was purchased for $600. A 2n-year $1000 par value bond with annual coupons of $x was purchased for $850. A 3n-year $1000 par value bond with annual coupons of $x was purchased for $P. All three bonds have the same yield rate. Compute P.

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Financial Management: An n-year zero coupon bond with a par value of 1000 was
Reference No:- TGS01373039

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