Determine the current market price for zero-coupon bond


You are purchasing a 25-year, zero-coupon bond. The yield to maturity is 8.68 percent and the face value is $1,000. What is the current market price?


i) $106.67

ii) $108.18

iii) $119.52

iv) $121.50

v) $128.47

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Finance Basics: Determine the current market price for zero-coupon bond
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