Question: Xu Concepts offers a zero coupon bond with a yield to maturity of 4.5 percent. The bond matures in 10 years and has a face

Xu Concepts offers a zero coupon bond with a yield to

Xu Concepts offers a zero coupon bond with a yield to maturity of 4.5 percent. The bond matures in 10 years and has a face value of $1,000. What is this bond worth today? Assume semiannual compounding. Multiple Choice $643.93 O $640.82 $800.51 $956.94

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