Question: You find a zero coupon bond with a par value of $ 1 0 , 0 0 0 and 2 2 years to maturity. The

You find a zero coupon bond with a par value of $10,000 and 22 years to maturity. The yield to maturity on this bond is 4.4 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.
What are the prices of these bonds today?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What do you expect the prices of these bonds to be in one year?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What do you expect the prices of these bonds to be in three years?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What do you expect the prices of these bonds to be in eight years?
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
What do you expect the prices of these bonds to be in 12 years?
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
What do you expect the prices of these bonds to be in 18 years?
Note: Do not round intermediate calculations.
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

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