Question: Problem 7-9 Zero Coupon Bonds [LO2] You find a zero coupon bond with a par value of $10,000 and 13 years to maturity. The yield

Problem 7-9 Zero Coupon Bonds [LO2] You find a zero coupon

Problem 7-9 Zero Coupon Bonds [LO2] You find a zero coupon bond with a par value of $10,000 and 13 years to maturity. The yield to maturity on this bond is 5 percent. Assume semiannual compounding periods. What is the price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Price

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