What is the price of the bond assume semi-annual


You find a Zero Coupon bond with a par value of $10,000 and 17 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the price of the bond? Assume semi-annual compounding periods.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the price of the bond assume semi-annual
Reference No:- TGS02306298

Expected delivery within 24 Hours