You bought a zero-coupon bond at a 6% semi-annual discount. What is the bond’s accretion (in dollars) in the first year?
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
You bought a zero-coupon bond at a 6% semi-annual discount. What is the bond’s accretion (in dollars) in the first year?
You bought a zero-coupon bond at a 6% semi-annual discount. Whatis the bond’s accretion (in dollars) in the first year? Assume aten-year horizon.