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You find a zero coupon bond with a par value of $10,000 and 16 years to maturity. If the yield to maturity on this bond
You find a zero coupon bond with a par value of $10,000 and 16 years to maturity. If the yield to maturity on this bond is 8.21 percent, what is the price of the bond? Assume semiannual compounding periods Omit $ dollar sign and commas in your response. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)
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