Question
Question 7 (1 point) Suppose you purchase a zero-coupon bond with a face value of $1,000, maturing in 19 years, for $460. If the yield
Question 7 (1 point)
Suppose you purchase a zero-coupon bond with a face value of $1,000, maturing in 19 years, for $460. If the yield to maturity on the bond remains unchanged, what will be the price of the bond 5 years from now?
Question 7 options:
|
| $550 |
|
| $564 |
|
| $578 |
|
| $593 |
|
| $607 |
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Fundamentals Of Corporate Finance
Authors: Stephen A Ross, Randolph W Westerfield, Bradford D Jordan
7th Edition
0073134295, 9780073134291
