Question: ABC Company issues a $1,000 face value, 10-year zero coupon bond. The YTM on a comparable bond is 9.75%. What is the current price of

 ABC Company issues a $1,000 face value, 10-year zero coupon bond.

ABC Company issues a $1,000 face value, 10-year zero coupon bond. The YTM on a comparable bond is 9.75%. What is the current price of this bond? 1) $385.98 2) $685.98 3) $485.98 4) $285.98 5) $585.98

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