Question: you find a zero coupon bond with a par value of $10,000 and 17 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 17 years to maturity. The yield to maturity on this bond is 4.9 percent. Assume semiannual compounding periods. What is the dollar price of the bond?(Do not round intermediate calculations and round your answer to 2 decimal places,) NEED TO KNOW EXCEL FORMULA TO GO WITH IT.

settlement date 1/1/2000

maturity date

1/1/2017
coupon rate 0%
coupon per year 2
redemption value (% of par) 100
yield to maturity 4.90%
par value 10000

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