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OpenStudy (anonymous):
Allan purchased a zero coupon bond four years ago. He paid $3,000 and it has a face value of $3,500. How much money did he earn for holding the bond until maturity? Select the best answer from the choices provided. $3,500 $3,000 $500 $400
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OpenStudy (anonymous):
@ParthKohli
OpenStudy (anonymous):
@ganeshie8
OpenStudy (anonymous):
I don't understand the zero coupon... I hate this so much. I wish i could have just done this in class instead of online.
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