Question: You find a zero coupon bond with a par value of $10,000 and 24 years to maturity. If the yield to maturity on this bond
You find a zero coupon bond with a par value of $10,000 and 24 years to maturity. If the yield to maturity on this bond is 4.2 percent, what is the price of the bond? Assume semiannual compounding periods. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16
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