Question: Question 14 (13 points) A zero coupon bond that matures in 16 years has a yield to maturity of 5.9%. Assuming a face value of

Question 14 (13 points) A zero coupon bond that matures in 16 years has a yield to maturity of 5.9%. Assuming a face value of $1,000, how much should the bond cost (assume semi- annual compounding)? Round it to two decimal places, and do not include the $ sign, e.g., 23.56 if the answer is $23.56 Your

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