Question: Consider a zero coupon bond with a $100 face value and 10 yrs left till maturity. If the YTM of this bond is 6.6%, the

Consider a zero coupon bond with a $100 face value and 10 yrs left till maturity. If the YTM of this bond is 6.6%, the price of this bond is closest to:
A. $63.33
B. $73. 88
C. $100
D. $53

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!