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5) As a bond investor, John just bought a zero coupon bond with 10 years to maturity. The bond has a face value of $1,000.00

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5) As a bond investor, John just bought a zero coupon bond with 10 years to maturity. The bond has a face value of $1,000.00 Yield-to-maturity is 6.3%. What is the current fair value of this bond? John just paid $442.83 for it. Did John buy the bond @ a discount or @ a premium...... By how much? 5) As a bond investor, John just bought a zero coupon bond with 10 years to maturity. The bond has a face value of $1,000.00 Yield-to-maturity is 6.3%. What is the current fair value of this bond? John just paid $442.83 for it. Did John buy the bond @ a discount or @ a premium...... By how much

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