Question
What is the value of a 10 year zero coupon bond ($1000 face value) if its yield to maturity is 12%? Assume annual compounding. none
What is the value of a 10 year zero coupon bond ($1000 face value) if its yield to maturity is 12%? Assume annual compounding.
none of the answers are correct
$321.97
$385.54
$352.18
$1,000
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
