A bond pays has a face value of $1000, has a 2 year maturity and pays an annual coupon of $100 eah year. If the zero-co
Posted: Sun Jul 03, 2022 6:42 am
A bond pays has a face value of $1000, has a 2 year maturity andpays an annual coupon of $100 eah year. If the zero-couponyield to maturity is 6% for 1 year and 7% for 2 years, the price ofthe bond is $_______ (round to 2 decimal places)