What is the current yield on a zero coupon bond with a remaining life of 12 years, a yield to maturity of 9.9%, and a par value of $1000? (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34 and state as an annual rate.) Answer:

What is the current yield on a zero coupon bond with a remaining life of 12 years, a yield to maturity of 9.9%, and a par value of $1000? (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34 and state as an annual rate.) Answer:

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

Baghiben

What is the current yield on a zero coupon bond with a remaining life of 12 years, a yield to
maturity of 9.9%, and a par value of $1000? (Round to 100th of a percent and enter as a
percentage, e.g. 12.34% as 12.34 and state as an annual rate.)
Answer:

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