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Zero - coupon bond. Wesley Company will issue a zero - coupon bond this coming month. The projected bond yield is 4 % . If

Zero-coupon bond. Wesley Company will issue a zero-coupon bond this coming month. The projected bond yield is 4%. If the par value is $5,000, what is the bond's price using a semiannual convention if
a. the maturity is 10 years?
b. the maturity is 30 years?
c. the maturity is 50 years?
d. the maturity is 100 years?
a. What is the price of the bond using a semiannual convention if the maturity is 10 years?
(Round to the nearest cent.)
b. What is the price of the bond using a semiannual convention if the maturity is 30 years?
(Round to the nearest cent.)
c. What is the price of the bond using a semiannual convention if the maturity is 50 years?
$ (Round to the nearest cent.)
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