Question
Fill in the table below for the following zero-coupon bonds, all of which have par values of $1,000. (Do not round intermediate calculations. Round your
| Fill in the table below for the following zero-coupon bonds, all of which have par values of $1,000. (Do not round intermediate calculations. Round your answers to 2 decimal places.) |
PLEASE READ: 3.96, 5.97, 365.13, 489.73, 9.4 are all incorrect in that sequence (skipping the correct 2.94)
| Price | Maturity (years) | Yield to Maturity | |||||||
| $ | 460 | 20 | % | ||||||
| $ | 560 | 20 | 2.94 correct | % | |||||
| $ | 560 | 10 | % | ||||||
| $ | 10 | 10.60 | % | ||||||
| $ | 10 | 7.40 | % | ||||||
| $ | 460 | 8.60 | % | ||||||
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
