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You find a zero coupon bond with a par value of $ 1 0 , 0 0 0 and 2 4 years to maturity. 2
You find a zero coupon bond with a par value of $ and years to maturity.
If the yield to maturity on this bond is percent, what is the dollar price of the bond? Assume semiannual compounding periods.
Use cells A to B from the given information to complete this question. You must use the builtin Excel function to a question. Leave the "Basis" input blank in the function. You may enter a constant as a hard coded value.
Output area:
Price of par
Price
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