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Zero - coupon bond. Wesley Company will issue a zero - coupon bond this coming month. The projected bond yield is 8 % . If

Zero

-

coupon bond. Wesley Company will issue a zero

-

coupon bond this coming month. The projected bond yield is

8 % .

If the par value is $

1, 000,

what is the bond's price using a semiannual convention if

.

the maturity is

15

years?

.

the maturity is

30

years?

.

the maturity is

70

years?

.

the maturity is

100

years?

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