1. You find a zero coupon bond with a par value of $10,000 and 19 years to...
Question:
1. You find a zero coupon bond with a par value of $10,000 and 19 years to maturity. The yield to maturity on this bond is 4.1 percent. Assume semiannual compounding periods. What is the price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 2.Your company will generate $66,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 8.50 percent, what is the present value of the savings?(Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) 3.
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