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9. Consider a zero-coupon bond with a $1,000 face value and ten years left until maturity. If the YTM of this bond is 10.4%, then
9. Consider a zero-coupon bond with a $1,000 face value and ten years left until maturity. If the YTM of this bond is 10.4%, then the price of this bond is closest to: a. $602 b. $372 c. $1040 d. $1000 10, what must be the price of a $10,000 bond with a 6.5% coupon rate, semiannual coupons, and two years to maturity if it has a yield to maturity of 8% APR? a. $10,619.63 b. $10,754.44 c. $9,727.76 d. $9,819.74
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