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Based on the following zero coupon values (based on $100 par value), calculate the value of a four-year coupon bond with a $1,000 par value
Based on the following zero coupon values (based on $100 par value), calculate the value of a four-year coupon bond with a $1,000 par value and a 0.625% coupon rate. Coupons are paid annually. 1 year zero-coupon bond Value per $100 par = $99.03; 2 year zero-coupon bond Value per $100 par $97.80; 3 year zero-coupon bond Value per $100 par = $96.37; year zero-coupon bond Value per $100 par $94.22 4 A. $979 B. $952 C. $966 D. $945 E. $959
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