What is the value of zero - coupon bond with a par value of $ 1 ,

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Question:

What is the value of zero

-

coupon bond with a par value of $

1, 000

and a yield to maturity of

6.34 % ?

The bond has

19

years to maturity. SET YOUR CALCULATOR TO

4

DECIMAL PLACES THEN ROUND YOUR ANSWER TO

2

DECIMALS i

.

.

if your answer is

1.2455,

enter it as

1.25 .

Related Book For answer-question

Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

See More Books

Posted Date: Mar 16, 2024 02:54 AM

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What is the value of zero - coupon bond with a par value of $ 1 ,

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Corporate Finance Core Principles And Applications

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