Business, 01.03.2021 22:10 kereshmeh

There are zero coupon bonds outstanding that have a YTM of 5.31 percent and mature in 18 years. The bonds have a par value of $10,000. If we assume semiannual compounding, what is the price of the bonds?

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There are zero coupon bonds outstanding that have a YTM of 5.31 percent and mature in 18 years. The...

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