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Question 21 2 points Save Answer A zero-coupon bond has a yield to maturity of 9% and a par value of $1,000. By convention,
Question 21 2 points Save Answer A zero-coupon bond has a yield to maturity of 9% and a par value of $1,000. By convention, zero bonds are assumed to pay $0. semi-annually. If the bond matures in eight years, the bond should sell for a price of today. a. $422.41 b. $494.47 c. None of the options are correct. d. $513.16 e. $483.49
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
