Moltado Corporation is issuing a zero-coupon bond that will have a maturity of fifty years. The bond's par value is $1,000, and the current yield on similar bonds is 7.5%. Determine the value of
The bond.
A) $43.81
B) $42.71
C) $41.61
D) $40.51
E) $26.89
Correct Answer:
Verified
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