12 years ago mini max inc issued 30 year to maturity


12 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield to maturity of 6.51 percent, compounded semi-annually.

What is the current price of the bond?

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Financial Management: 12 years ago mini max inc issued 30 year to maturity
Reference No:- TGS02708477

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