You find a zero coupon bond with a par value of $10,000 and 13 years to maturity.

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You find a zero coupon bond with a par value of $10,000 and 13 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the dollar price of the bond? Assume semiannual compounding periods.

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

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

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Question Posted: Nov 13, 2020 03:23 AM

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You find a zero coupon bond with a par value of $10,000 and 13 years to maturity.

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To find the price of a zero coupon bond we need to find the value ...View the full answer

Corporate Finance Core Principles And Applications

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