Calculate the price of a zero-coupon bond with a face value of $2,000 that matures in 8 years if the market interest rate is 7% with semi-annual compounding. (Round the answer to 2 decimal places.) a. $1,124.89 b. $1,089.42 c. $1,056.73 d. $1,145.26
Calculate the price of a zero-coupon bond with a face value of $2,000 that matures in 8 years if the market interest rate is 7% with semi-annual compounding. (Round the answer to 2 decimal places.) a. $1,124.89 b. $1,089.42 c. $1,056.73 d. $1,145.26
Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 9P
Question
please provide correct answer General accounting question
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