What is the value of zero-coupon bond with a par value of $1,000 and a yield...
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What is the value of zero-coupon bond with a par value of $1,000 and a yield to maturity of 5.43%? The bond has 3 years to maturity. SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN ROUND YOUR ANSWER TO 2 DECIMALS i.e. if your answer is 1.2455, enter it as 1.25. What is the value of zero-coupon bond with a par value of $1,000 and a yield to maturity of 5.43%? The bond has 3 years to maturity. SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN ROUND YOUR ANSWER TO 2 DECIMALS i.e. if your answer is 1.2455, enter it as 1.25.
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Answer rating: 100% (QA)
The value of a zerocoupon bond can be found using the present value formula Price Present ... View the full answer
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
Posted Date:
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