Question: 2 . What would be the initial offering price for the following bonds ( assume semiannual compounding ) ? A 1 5 - year zero

2.What would be the initial offering price for the following bonds (assume semiannual compounding)?
A 15-year zero-coupon bond with a yield to maturity (YTM) of 12 percent b. A 20-year zero-coupon bond with a YTM of 10 percent
(b). PV =

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