A zero-coupon bond has a yield to maturity of 9% and a par value
of $1,000. If the bond matures in eight years, the bond should sell
for a price of _______ today. Assume the compounding period
is twice per year.
Group of answer choices
$422.41
$513.16
$483.49
$494.47
None of the options are correct.
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A zero-coupon bond has a yield to maturity of 9% and a par value of $1,000. If the bond matures in eight years, the bond
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