Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
A zero-coupon bond has a yield to maturity of 6% and a par value of $1000. If the bond matures in 15 years, it should sell for a price of __________ today.
Group of answer choices
A. $468.84
B. $555.79
C. $463.18
D. $417.27
E. $422.35
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