Question: Problem 6 - 1 5 Zero Coupon Bonds [ L O 2 ] You find a zero coupon bond with a par value of $
Problem Zero Coupon Bonds
You find a zero coupon bond with a par value of $ and years to maturity. If the
yield to maturity on this bond is percent, what is the price of the bond? Assume
semiannual compounding periods. Do not round intermediate calculations and round
your answer to decimal places, eg
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