Question
You find a zero coupon bond with a par value of $10,000 and 21 years to maturity. The yield to maturity on this bond is
| You find a zero coupon bond with a par value of $10,000 and 21 years to maturity. The yield to maturity on this bond is 4.3 percent. Assume semiannual compounding periods. |
| What is the price of the bond? |
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The Handbook Of Mergers And Acquisitions
Authors: David Faulkner, Satu Teerikangas, Richard J. Joseph
1st Edition
0199601461, 978-0199601462
