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Kiran is purchasing a zero-coupon bond. It will mature at the end of five years with a face value of $1,000. What is the current

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Kiran is purchasing a zero-coupon bond. It will mature at the end of five years with a face value of $1,000. What is the current price that Kiran would be wing to pay if it is priced at a yield of 9% p.a. compounded semi-annually? a. $649.93 b. $811.12 c. $643.93 d. $806.19 e. $891.31

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