How do i calculate the bond price
Question: How do I calculate bond price example question below?Question 2: What is the price of a 25-year, pure discount bond that pays $50 at maturity if the current yield-to-maturity is 8 percent?
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What is the price of a 25-year, pure discount bond that pays $50 at maturity if the current yield-to-maturity is 8 percent?
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