If the yield to maturity on this bond is 51 percent what is


You find a zero coupon bond with a par value of $5,000 and 19 years to maturity.

If the yield to maturity on this bond is 5.1 percent, what is the price of the bond? Assume semiannual compounding periods.

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Finance Basics: If the yield to maturity on this bond is 51 percent what is
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