Black water corp just issued zero-coupon bonds with a par
Question
Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 27 years and a yield to maturity of 9.16 percent, compounded annually. What is the current price of the bond?
Now Priced at $5 (50% Discount)
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questionblack water corp just issued zero-coupon bonds with a par value of 1000 the bond has a maturity of 27 years and
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