9. 9. Zero coupon bonds [LO 7.2] You find a zero coupon bond with a face value

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9. 9.

Zero coupon bonds [LO 7.2] You find a zero coupon bond with a face value of $10 000 and 17 years to maturity. If the yield to maturity on this bond is 4.2 per cent, what is the price of the bond? Assume semiannual compounding periods.

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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