Question: QUESTION 61 Lump Sum Problem: Plug in Amounts for each given variable to receive partial credit, in case your answer is incorrect. A Zero-Coupon bond

QUESTION 61 Lump Sum Problem: Plug in Amounts for each given

QUESTION 61 Lump Sum Problem: Plug in Amounts for each given variable to receive partial credit, in case your answer is incorrect. A Zero-Coupon bond has a par value equal to $1.000. The band will mature in 15 years and has a yield to maturity of 6%. If we assume annual coupon payments, what was the bond's original issue price? PV = FV = = n = TT T Arial 3 (12pt) * T - = + = + : 6 cm Path:p Words:0

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