What is the approximate market value of the bond

Reference no: EM13279928

A 14-year zero-coupon bond was issued with a $1000 par value to yield 12%. What is the approximate market value of the bond?

Reference no: EM13279928

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What is the approximate market value of the bond : A 14-year zero-coupon bond was issued with a $1000 par value to yield 12%. What is the approximate market value of the bond?

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