Question
Fill in the table below for the following zero-coupon bonds, all of which have par values of $1,000. Assume annual compounding. Round answer to two
Fill in the table below for the following zero-coupon bonds, all of which have par values of $1,000. Assume annual compounding. Round answer to two decimal places. NOTE: None of the answers are 518.67, 682.59, 12, 8.27, 8.13, or 6.67
| Price | Maturity (years) | bond-Equivalent yield to maturity |
| 547.50 | 10 | |
| 450 | 15 | |
| 600 | 10 | |
| 8 | 11.60 | |
| 15 | 3.10 | |
| 523.90 | 7.60 |
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Stocks For The Long Run
Authors: Jeremy Siegel
6th Edition
1264269803, 978-1264269808
