Question
A zero-coupon bond has a yield to maturity of 6% and a par value of $1,000. If the bond matures in 20 years, it should
A zero-coupon bond has a yield to maturity of 6% and a par value of $1,000. If the bond matures in 20 years, it should sell for a price of__________ today.
Question options:
|
| $458.11 |
|
| $311.80 |
|
| $89.11 |
|
| $1,100.11 |
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Codes Of Finance
Authors: Vincent Antonin Lépinay
1st Edition
0691151504, 978-0691151502
