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What is the present value (aka price) of a 20-year, pure discount bond (zero coupon bond) that pays $1000 at maturity if it is priced
What is the present value (aka price) of a 20-year, pure discount bond (zero coupon bond) that pays $1000 at maturity if it is priced to yield 9.08% per year (YTM)? Answer to 2 decimal places.
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
