Joyce5460 Joyce5460
  • 02-03-2020
  • Business
contestada

You are purchasing a 15-year, zero–coupon bond. The yield to maturity is 6.85 percent and the face value is $1,000. What is the current market price? Assume semiannual compounding.

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calebjoshuatyler
calebjoshuatyler calebjoshuatyler
  • 02-03-2020
Sorry wish I could help
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