Problemblackwater corp just issued zero-coupon bonds with a, Ask an Expert

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Problem:

Blackwater Corp just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 25 years and a yield to maturity of 8.29%, compounded semi-annually.

Required:

Question 1: What is the current price of the bond? Explain in detail and show all workings.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91147251

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