You find a zero coupon bond with a par value of $10,000 and 28 years to maturity The yield to maturity on this bond is 5 4 percent Assume semiannual compounding periods What is the price of the bond Note Do not round intermediate calculations and round your answer to 2 decimal places, e g , 32 16 You find a zero coupon bond with a par value of $10,000 and 28 years to maturity The yield to maturity on this bond is 5 4 percent Assume semiannual compounding periods What is the price of the bond Note Do not round intermediate calculations and round your answer to 2 decimal places, e g , 32 16

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Question: You find a zero coupon bond with a par value of $10,000 and 28 years to maturity. The yield to maturity on this bond is

You find a zero coupon bond with a par value of $10,000 and 28 years to maturity. The yield to maturity on this bond is 5.4 percent. Assume semiannual compounding periods. What is the price of the bond? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.

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