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| rev | Admin | (Created page with "A company plans to invest X at the beginning of each month in a zero-coupon bond in order to accumulate 100,000 at the end of six months. The price of each bond as a percentage of redemption value is given in the following chart: {| class="table table-bordered" | Maturity (months) || 1 || 2 || 3 || 4 || 5 || 6 |- | Price || 99%|| 98% || 97% || 96% || 95% || 94% |} Calculate X given that the bond prices will not change during the six-month period. <ul class="mw-excan...") | Nov 19'23 at 18:28 | +588 |