Question: 4. value: 8.33 points You find a zero coupon bond with a par value of $10,000 and 28 years to maturity. The yield to maturity

4. value: 8.33 points You find a zero coupon bond with a par value of $10,000 and 28 years to maturity. The yield to maturity on this bond is 5.4 percent. Assume semiannual compounding periods. What is the price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Price References eBook & Resources Worksheet Learning Objective: 07-02 Bond values and yields and why they fluctuate. Difficulty: Basic Section: 7.4 Some Different Types of Bonds Check my work
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