You find a zero coupon bond with a par value of 10000 and, Ask an Expert

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You find a zero coupon bond with a par value of $10,000 and 22 years to maturity. The yield to maturity on this bond is 4.4 percent. Assume semiannual compounding periods. What is the price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Price $

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Financial Management, Finance

Category:- Financial Management
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