Question: 2 3 You find a zero coupon bond with a par value of $10,000 and 17 years to maturity. If the yield to maturity on

2 3 You find a zero coupon bond with a par value of $10,000 and 17 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the price of the bond? Assume semiannual compounding periods. 4 Settlement date 1/1/2000 Maturity date 1/1/2017 Coupon rate 0.00% Coupons per year 2 100 Redemption value (% of par) Yield to maturity 4.90% Par value $ 10,000 14 15 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this question. 16 17 Dollar price 18 19 5 6 7 8 9 FWNFO 10 11 12 13
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