Question: You find a zero coupon bond with a par value of $10,000 and 15 years to maturity. The yeild to maturity on this bond is
You find a zero coupon bond with a par value of $10,000 and 15 years to maturity. The yeild to maturity on this bond is 5.2 percent. Assume semiannual compounding periods. What is the dollar price of the bond?
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