Question: need help please Wou find a zero coupon bond with a par value of $10,000 and 18 years to maturity. The yield to maturity on
Wou find a zero coupon bond with a par value of $10,000 and 18 years to maturity. The yield to maturity on this bond is 5 percent. Mssume semiannual compounding periods. What is the price of the bond? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
