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20) A list of prices for zero-coupon bonds with different maturities and par values of $1,000 is provided below: Maturity (Years) 1 2 3 4
20) A list of prices for zero-coupon bonds with different maturities and par values of $1,000 is provided below: Maturity (Years) 1 2 3 4 Price $ 943.40 881.68 808.88 742.09 What is the price of a 4-year maturity bond with annual 12% coupon rate and par value of $1,000? A. $742.09 B. $1,222.09 C. $1,000.00 D. $1,147.92 E. None of the options is correct
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