Question
What is the dollar price of a zero coupon bond with 7 years to maturity, semiannual compounding, and a par value of $1,000, if the
What is the dollar price of a zero coupon bond with 7 years to maturity, semiannual compounding, and a par value of $1,000, if the YTM is: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Bond Price | |||
| a. | 5 percent | $ | |
| b. | 10 percent | $ | |
| c. | 15 percent | $ | |
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Beer Business Finance
Authors: Kary R Shumway
1st Edition
1090833741, 978-1090833747
