Autos and more offers a zero coupon bond with a yield to


Autos and More offers a zero coupon bond with a yield to maturity of 11.3 percent. The bond matures in 15 years and has a face value of $1,000. What is this bond worth today? (Assume semiannual compounding.)

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Financial Management: Autos and more offers a zero coupon bond with a yield to
Reference No:- TGS02138847

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