The projected bond yield is 8 if the par value is 1000 what


Zero-coupon bond.

Wesley Company will issue a zero-coupon bond this coming month. The projected bond yield is 8%. If the par value is ?$1,000?, what is the? bond's price using a semiannual convention if

a. the maturity is 15 ?years?

b. the maturity is 40 years?

c. the maturity is 60 ?years?

d. the maturity is 100 years?

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Financial Management: The projected bond yield is 8 if the par value is 1000 what
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