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 dollar price of the bond? Assume semiannual compounding periods.

Settlement date	1/1/2020
Maturity date	1/1/2044
Coupon rate	0.00%
Coupons per year	2
Redemption value (% of par)	100
Yield to maturity	4.20%
Par value	$10,000

(Use cells A6 to B12 from the given information to complete this question. You must use the built-in Excel function to answer this question. Leave the Basis input blank in the function. You may enter a constant as a hard coded value.)

Question. Slove Using Excel

A. Price (% of Par)

B. Price