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Plz I need help on this!! The question is "If the APR for a zero coupon bond is 2.75% compounded daily, what should be the purchase price of the bond if it will pay $10,000, 10 years from now?"

Plz I need help on this The question is If the APR for a zero coupon bond is 275 compounded daily what should be the purchase price of the bond if it will pay 1 class=

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Answer:

Table 3. Principal = $100.00. Future Value. Interest Rate. 5 Years. 10 Years ... (1 + i)n. Present value formula for compound interest. = 10,000. (1.0025)104 ... received on January 1, 2027, if it is now May 1, 2018, and money can be ... account paying 3.4% interest compounded quarterly to buy ... ing 2.75% simple interest. 5.Step-by-step explanation:

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