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2. 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 present value of the bond? Assume semiannual compounding periods.

1 Answer

2 votes

Answer:

Zero-cupon bond = $3,357.14

Explanation:

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User Halfdan
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