$7$ What is the price of a $10-$year zero coupon bond with face value of $$1,000$ and when the market required yield is $6\%?$

What happens to the bond price if the bond matures in $20$ years, instead of $10?$

Face Value

Market required yield

Maturity $($years$)$

Frequency of payments

Price

Face Value

Market required yield

Maturity $($years$)$

Frequency of payments

Price