Now the bond has a yield to maturity of 959 compounded


7 years ago, max issued a 30 yr to maturity zero-coupon bonds with a par value of 1000. Now the bond has a yield to maturity of 9.59%, compounded semiannually. What is the current price of the bond?

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Finance Basics: Now the bond has a yield to maturity of 959 compounded
Reference No:- TGS02381736

Now Priced at $10 (50% Discount)

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