Page 1 of 1
Atlantis Fisheries issues zero coupon bonds on the market at a price of $492 per bond. Each bond has a face value of $1,
Posted: Tue Nov 16, 2021 8:17 am
by answerhappygod
- Atlantis Fisheries Issues Zero Coupon Bonds On The Market At A Price Of 492 Per Bond Each Bond Has A Face Value Of 1 1 (43.74 KiB) Viewed 104 times
Atlantis Fisheries issues zero coupon bonds on the market at a price of $492 per bond. Each bond has a face value of $1,000 payable at maturity in 14 years. What is the yield to maturity for these bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Yield to maturity 5.20 %