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P6-14 (similar to) Question Help Zero-coupon bond Wesley Company will issue a zero-coupon bond this coming month. The projected bond yield is 4%. If the

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P6-14 (similar to) Question Help Zero-coupon bond Wesley Company will issue a zero-coupon bond this coming month. The projected bond yield is 4%. If the par value is $5,000, what is the band's price using a semiannual convention if a. the maturity, is 15 years? b. the maturity is 40 years? c. the maturity is 60 years? d. the maturity is 100 years? a. What is the price of the bond using a semiannual convention if the maturity is 15 years? (Round to the nearest cent)

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