Question: Math 1324 - 027 Sebastian Donly & | 11/01/21 8:07 PM Homework: 3.... Math 1324 - 027 Homework: 3.... Sebastian Donlya | 11/01/21 8:07 PM

Math 1324 - 027 Sebastian Donly & | 11/01/21 8:07 PM Homework: 3....

Math 1324 - 027 Homework: 3.... Sebastian Donlya | 11/01/21 8:07 PM Question 21, 3.2.91-BE HW score: 9286%, 19.5 of 21 points O Points: O ofl Save A zero coupon bond is a bond that is sold now at a discount and will pay its face value at some time in the future when it maturesno interest payments are made. A zero coupon bond with a face value of S8000 matures in 13 years. What should the bond be sold for now if its rate of return is to be 4 9% compounded semiannually? A fair price to buy the bond at would be (Round to the nearest cent as needed.)

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