The current interest rate on this type of bond is 1339


12 years ago, Blue Lake Corp. issued 30 year to maturity zero-coupon bonds with a par value of $5,000. The current interest rate on this type of bond is 13.39 percent, compounded annually. What is the current price of the bond?

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Finance Basics: The current interest rate on this type of bond is 1339
Reference No:- TGS02686132

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