Question
A risk-free, zero-coupon bond with a face value of $10,000 has 15 years to maturity. If the YTM is 5.8% which of the following would
A risk-free, zero-coupon bond with a face value of $10,000 has 15 years to maturity. If the YTM is 5.8% which of the following would be closest to the price this bond will trade at?
A. $4,293
B. $6,010
C. $6,868
D. $5,151
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Options Futures And Other Derivatives
Authors: John C. Hull
11th Edition
013693997X, 9780136939979
