Question
Assume semiannual compounding, what is the price of a 6-year, zero coupon bond paying $1,000 at maturity if the YTM is (Do not round intermediate
| Assume semiannual compounding, what is the price of a 6-year, zero coupon bond paying $1,000 at maturity if the YTM is (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): |
| Price of the Bond | ||
| a. | 4 percent | $ |
| b. | 9 percent | $ |
| c. | 14 percent | $ |
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Property Finance
Authors: David Isaac
2nd Edition
0333987144, 978-0333987148
