Question: A 2 0 - year, zero - coupon bond was recently being quoted at 2 3 . 9 8 3 % of par. Find the

A 20-year, zero-coupon bond was recently being quoted at 23.983% of par. Find the current yield and the promised yield of this issue, given that the bond has a par value of $1 comma 000.Then, using semiannual compounding, determine how much an investor would have to pay for this bond if it were priced to yield 11.400%.

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