Question
10?? I need help asap! please provide full solution thanks A zero-coupon discount bond trades today at $685.75. The bond will mature in three years
10?? I need help asap! please provide full solution thanks A zero-coupon discount bond trades today at $685.75. The bond will mature in three years from today at a redemption value of $1,000.00. What yield to maturity will an investor receive if they purchase today? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Suppose that the Atlanta Falcons decide to fund part of their new stadium with 25.00-year zero coupon bonds. The team wants to raise $269.00 million with this bond issue. If investors seek a return of 5.59% on this investment, what face value will Mr. Blank have to put on the bonds? (express answer in terms of millions, so 1,000,000 would be 1.0) Answer format: Currency: Round to: 2 decimal places. A bond trades today at $947.00, and pays an annual coupon of $85.00. What is the current yield on the bond if purchased today? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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