A 2 year zero coupon US Treasury Note will pay $ 1 , 0 0 0 in 2 years and is selling at a yield at 7 8 4 What is the bond's current selling price

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A 2 - year zero coupon US Treasury Note will pay $ 1 , 0 0 0 in 2 years and is selling at a

2 -

year zero coupon US Treasury Note will pay $

1, 000

2

years and is selling at a yield at

7.84 % .

What is the bond's current selling price?

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