You are thinking of investing in a zero coupon bond that has 13
years to maturity. If the annual yield on this bond is 4.7%,
what should be the present value of this bond? Assume
semi-annual compounding.
ans choice:
$1000
$735.49
$550.42
etc, etc.
You are thinking of investing in a zero coupon bond that has 13 years to maturity. If the annual yield on this bond is
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