You find a zero coupon bond with a par value of 10000 and
You find a zero coupon bond with a par value of $10,000 and 18 years to maturity. The yield to maturity on this bond is 5 percent. Assume semiannual compounding periods.
What is the price of the bond?
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in february 2009 treasury 6s of 2026 offered a semiannually compounded yield of 35965 recognizing that coupons are paid
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