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 $1,000
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 $1,000 what is the bond's price using a semiannual convention if:
a. the maturity is 15 years?
b. the maturity is 30 years?
c. the maturity is 70 years?
d. the maturity is 100 years?
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Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
