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Probleim 12-01 What would be the inltial offering price for the following bonds (nssume $1,000 phr value and semiannual conpounding)? Do not rasud intirmediate ealculatient.

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Probleim 12-01 What would be the inltial offering price for the following bonds (nssume $1,000 phr value and semiannual conpounding)? Do not rasud intirmediate ealculatient. Ramand you answers to the nebrest cent. n. A 13 yeer zere-coupon bond with b yield to maturity (YTM) of 14%. $ b. A 25 -year zero-coupon bond with an YTM of 12% 5

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