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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.

User Adriennoir
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1 Answer

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Answer:

Zero-cupon bond = $3,357.14

Explanation:

User Halfdan
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