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What is the present value (aka price) of a 28-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 28-year, pure discount bond (zero coupon bond) that pays $1000 at maturity if it is priced to yield 9.16% per year (YTM)?Answer to 2decimal places.
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Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
Authors: Robert A.Weigand
1st edition
978-111863091, 1118630912, 978-1118630914
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