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You find a zero coupon bond with a par value of $10,000 and 19 years to maturity. TI yield to maturity on this bond is
You find a zero coupon bond with a par value of $10,000 and 19 years to maturity. TI yield to maturity on this bond is 4.7 percent. Assume semiannual compounding periods What is the price of the bond? (Do not round intermediate calculations and round you answer to 2 decimal places, e.g., 3216.) Price
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Business Finance
Authors: Ronald R. Pitfield
1st Edition
0852581513, 978-0852581513
