The Bethel Company issues 9-year bonds, but it pays no coupon. Calculate the price per $1,000 face value of this zero-co
Posted: Sun May 29, 2022 5:47 pm
Company issues 9-year bonds, but it pays no coupon. Calculate the price per $1,000 face value of this zero-coupon bond using an interest rate of 11.8%. Answer to the nearest cent.
The Bethel