Wesley company will issue a zero-coupon bond this coming


Wesley Company will issue a zero-coupon bond this coming month. The projected yield for the bond is 5%. If the par value of the bond is $1,000, what is the price of the bond using a semiannual convention if 

a. The maturity is 20 years?

b. The maturity is 30 years?

c. The maturity is 50 years?

d. The maturity is 100 years?

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Finance Basics: Wesley company will issue a zero-coupon bond this coming
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