Rockhampton Ltd issues a 10-year zero-coupon bond for which investors are willing to pay $950. The yield to maturity for

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answerhappygod
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Rockhampton Ltd issues a 10-year zero-coupon bond for which investors are willing to pay $950. The yield to maturity for

Post by answerhappygod »

Rockhampton Ltd issues a 10-year zero-coupon bond for which
investors are willing to pay $950. The yield to maturity for the
bond is 6%. What is the unknown variable in valuing this bond?
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