Question
Consider a bond with a zero percent coupon rate with 20 years to maturity. With a face value of $1,000. The price will this bond
Consider a bond with a zero percent coupon rate with 20 years to maturity. With a face value of $1,000. The price will this bond trade if the YTM is 6% is closest to:
Group of answer choices
a) $215
b) $312
C)$335
D) $306
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Handbook Of Financial Markets Dynamics And Evolution
Authors: Thorsten Hens
1st Edition
0323165478, 978-0323165471
