Question: MC algo 6-28 Zero Coupon Bond Pricing There are zero coupon bonds outstanding that have a YTM of 579 percent and mature in 22 years.
MC algo 6-28 Zero Coupon Bond Pricing There are zero coupon bonds outstanding that have a YTM of 579 percent and mature in 22 years. The bonds have a par vahue of $10,000. If we assume semiannuai compounding. what is the price of the bonds
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