You find a zero coupon bond with a par value of 10000 and
You find a zero coupon bond with a par value of $10,000 and 15 years to maturity. The yield to maturity on this bond is 5.2 percent. Assume semiannual compounding periods.
What is the price of the bond?
Now Priced at $10 (50% Discount)
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you find a zero coupon bond with a par value of 10000 and 15 years to maturity the yield to maturity on this bond is 52
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