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You find a zero coupon bond with a par value of $1,000 and 17 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the price of the bond
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You find a zero coupon bond with a par value of $1,000 and 17 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the price of the bond

User Roni Litman
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1 Answer

4 votes

Answer:

$4,434.21

Step-by-step explanation:

User Reevolt
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