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On Dec. 31, 2040, Tristar Aero Dynamics, Inc. (TAD) has issued a zero-coupon debt with a face value of $1,000 and three years to maturity.

On Dec. 31, 2040, Tristar Aero Dynamics, Inc. (TAD) has issued a zero-coupon debt with a face value of $1,000 and three years to maturity. The yield to maturity for the firms debt capital is 10%. Compute the price of the zero-coupon debt on Dec. 31, 2040. In addition, find interest expenses and the balance of the debt principal to be reported at the end of each year, 2041 through 2043.

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