What is the price of a zero coupon bond with $1,000 face value, 8 years to maturity O $822.88 $747.77 $813.96 $739.67

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is the price of a zero coupon bond with $1,000 face value, 8 years to maturity and an annual yield of 3.7%?
O $822.88
O $747.77
O $813.96
O $739.67
Transcribed Image Text:What is the price of a zero coupon bond with $1,000 face value, 8 years to maturity and an annual yield of 3.7%? O $822.88 O $747.77 O $813.96 O $739.67
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