Navarro, Incorporated, plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM of 5.67 percent and mature in 20 years. If we assume semiannual compounding, at what price will the bonds sell? Multiple Choice O $313.79 $326.86 $318.69 $331.87 Prev 1 of 10 www www Next > B

Navarro, Incorporated, plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM of 5.67 percent and mature in 20 years. If we assume semiannual compounding, at what price will the bonds sell? Mutiple Choice $31379 $326.86 $31869 $33187