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At maturity, each of the following zero coupon bonds (pure discount bonds) will be worth $1,000. For each bond, fill in the missing quantity in
At maturity, each of the following zero coupon bonds (pure discount bonds) will be worth $1,000. For each bond, fill in the missing quantity in the following table. Assume semi-annual compounding. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 2 decimal places, e.g. 15.25 or 15.25%.)
Price | Maturity (years) | Yield to maturity | |||||
---|---|---|---|---|---|---|---|
A | $458 | 8 | enter percentages | % | |||
B | $392 | enter a number of years | 7 | % | |||
C | $enter a dollar amount | 15 | 13 | % |
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