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Using Semiannual Compounding,a 15-Year Zero Coupon Bond That Has a Par

Question 42

Multiple Choice

Using semiannual compounding,a 15-year zero coupon bond that has a par value of $1,000 and a required return of 8% would be priced at approximately ______.


A) $308
B) $315
C) $464
D) $555
E) none of these

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