What is the price of a zero-coupon bond with a YTM of 4.5% and 10 years until maturity?     $516.72     $867.99     $989.03     $643.93

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 4MC
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What is the price of a zero-coupon bond with a YTM of 4.5% and 10 years until maturity?
   
$516.72
   
$867.99
   
$989.03
   
$643.93

 

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