Question
You find a zero coupon bond with a par value of $1,000 and 16 years to maturity. If the yield to maturity on this bond
You find a zero coupon bond with a par value of $1,000 and 16 years to maturity. If the yield to maturity on this bond is 4.9%, what is the price of the bond? Assume semiannual compounding periods.
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
