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A riskfree, zerocoupon bond with a face value of $5,000 has 15 years to maturity. If the YTM is 5.5%, which of the following would
A riskfree, zerocoupon bond with a face value of $5,000 has 15 years to maturity. If the YTM is 5.5%, which of the following would be closest to the price this bond will trade at?
A.
$2,240
B.
$3,136
C.
$2,688
D.
$3,583
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