A Zero-Coupon bond has a par value equal to $1,200.The bond will mature in 15 years and
Fantastic news! We've Found the answer you've been seeking!
Question:
A Zero-Coupon bond has a par value equal to $1,200.The bond will mature in 15 years and has a yield to maturity of 6%.If we assume annual coupon payments, what was the bond's original issue price?
PV =
FV =
r=
n=
Related Book For
Posted Date: