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An n -year zero coupon bond with par of 1000 , was purchased for 600 . An n -year 1000 par value bond with semiannual
An
n
-year zero coupon bond with par of 1000 , was purchased for 600 . An
n
-year 1000 par value bond with semiannual coupons of
x
was purchased for 850 . A
3n
-year 1000 par value with semiannual coupons of
x
was purchased for
P
. All three bonds have the same yield rate. Calculate
P
.
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