Question
A risk-free, zero-coupon bond with a face value of $1,000 has 15 years to maturity. If the YTM is 5.8% per annum, compounded semi-annually, which
A risk-free, zero-coupon bond with a face value of $1,000 has 15 years to maturity. If the YTM is 5.8% per annum, compounded semi-annually, which of the following would be the price of this bond (round to the nearest dollar)?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
