Question: please exain to me how to do this problem with the financial calculator HP10bII+ What is the value of zero-coupon bond with a par value
What is the value of zero-coupon bond with a par value of $1,000 and a yield to maturity of 4.32% ? The bond has 12 years to maturity. SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN ROUND YOUR ANSWER TO 2 DECIMALS i.e. if your answer is 1.2455 , enter it as 1.25
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