Question
You find a zero coupon bond with a par value of $15,000 and 17 years to maturity. If the yield to maturity on this bond
You find a zero coupon bond with a par value of $15,000 and 17 years to maturity.
If the yield to maturity on this bond is 4.3 percent, what is the price of the bond? Assume semiannual compounding periods.
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
