Zero-coupon bonds with a par value of 1000000 have a


Zero-coupon bonds with a par value of $1,000,000 have a maturity of 10 years and a required rate of return of 9 percent. What is the current price?

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Finance Basics: Zero-coupon bonds with a par value of 1000000 have a
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Now Priced at $10 (50% Discount)

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