Zero-coupon bond. Addison Company will issue a zero-coupon bond this coming month. The bond's projected yield is 6%. If the par value is $1,000, what is the bond's price using a semiannual convention if a. the maturity, is 15 years? b. the maturity is 40 years? c. the maturity is 70 years? d. the maturity is 90 years? a. What is the price of the bond using a semiannual convention if the maturity is 15 years? (Round to the nearest cent.) Bond prices and maturity dates. Moore Company is about to issue a bond with semiannual coupon payments, an annual coupon rate of 10%, and a par value of $5,000. The yield to maturity for this bond is 12% a. What is the price of the bond if it matures in 15, 20, 25, or 30 years? b. What do you notice about the price of the bond in relationship to the maturity of the bond? a. What is the price of the bond if it matures in 15 years? (Round to the nearest cent.)