Question
Assuming semiannual compounding, what is the price of a zero coupon bond with 6 years to maturity paying $1,000 at maturity if the YTM is
Assuming semiannual compounding, what is the price of a zero coupon bond with 6 years to maturity paying $1,000 at maturity if the YTM is (Do not round intermediate calculations and round your 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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A Course In Derivative Securities
Authors: Kerry Back
2005th Edition
3540253734, 978-3540253730
