Dark night inc just issued zero-coupon bonds with a par, Financial Management

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Dark night inc just issued zero-coupon bonds with a par

Dark night inc just issued zero-coupon bonds with a par value of $1000. The bond has a maturity of 11 years and a yield to maturity of 9.64% compounded semi annually. What is the current price of the bond. Show work

a.485.09 b.1144.56 c.564.92 d.355.00

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Financial Management: Dark night inc just issued zero-coupon bonds with a par

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Financial Management: Dark night inc just issued zero-coupon bonds with a par

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