In 1995 john bought a pepsi cos 30-year zero-coupon bond


In 1995, John bought a Pepsi Co.'s 30-year zero-coupon bond with the $10,000 par at 8% APR, compounding annually. How much did John pay for this bond in 1995?

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Finance Basics: In 1995 john bought a pepsi cos 30-year zero-coupon bond
Reference No:- TGS02522629

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