Assuming semiannual compounding, what is the price of a zero coupon bond with 14 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:

SOLVE:

a. 6 percent $_____________

b. 10 percent $____________

c. 14 percent $___________