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QUESTION 22 A zero-coupon bond matures three years from today, has a par value of $1,000 and a yield to maturity of 8.5% (assuming semi-annual

QUESTION 22 A zero-coupon bond matures three years from today, has a par value of $1,000 and a yield to maturity of 8.5% (assuming semi-annual compounding). What is the current value of this issue? A. 78.29 B.782.91 C. 779.01 D. 1000.00 E. None of the above

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