A zero-coupon bond with a par value of $1,000 has 15 years to maturity. If the YTM

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A zero-coupon bond with a par value of $1,000 has 15 years to maturity.

If the YTM is 6.2%, what is the current price this bond?

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Bank Management and Financial Services

ISBN: 978-0078034671

9th edition

Authors: Peter Rose, Sylvia Hudgins

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Posted Date: Aug 02, 2018 01:42 AM

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A zero-coupon bond with a par value of $1,000 has 15 years to maturity. If the YTM

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Zero coupon bond value will be given as F 1... View the full answer

Bank Management and Financial Services

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