Question: A zero - coupon bond has a yield to maturity of 1 2 % and a par value of $ 1 , 0 0 0
A zerocoupon bond has a yield to maturity of and a par value of $ If the bond matures in years, the bond should sell for a price of today. Note: Assume annual compounding.
Multiple Choice
$
$
$
$
None of the options are correct.
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