Question

If a zero-coupon bond has a stated annual interest rate of 10%, compounded twice-a-year, how many...

If a zero-coupon bond has a stated annual interest rate of 10%, compounded twice-a-year, how many years will it take to double the value of the bond? (Assume that the bond will double in value before it matures)

Select one:

a. 7.1

b. 7.27

c. 28.52

d. 10.5

e. 5.43

Homework Answers

Answer #1

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