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14. Zero-coupon bond. Wesley Company will issue a zero-coupon bond this coming month. The projected yield for the bond is 5%. If the par value

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14. Zero-coupon bond. Wesley Company will issue a zero-coupon bond this coming month. The projected yield for the bond is 5%. If the par value of the bond is $1,000, what is the price of the bond using a semiannual convention if a. the maturity is 20 years? b. the maturity is 30 years? c. the maturity is 50 years? d. the maturity is 100 years

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