Question: Zero - coupon bond. Addison Company will issue a zero - coupon bond this coming month. The bond's projected yield is 3 % . If

Zero-coupon bond. Addison Company will issue a zero-coupon bond this coming month. The bond's projected yield is 3%. If the par value
is $5,000, what is the bond's price using a semiannual convention if
a. the maturity is 20 years?
b. the maturity is 30 years?
c. the maturity is 70 years?
d. the maturity is 90 years?
Zero-coupon bond. Addison Company will issue a zero-coupon bond this coming

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