Question

A 14-year zero-coupon bond was issued with a $1000 par value to yield 12%. What is the approximate market value of the bond?
205

Related Questions

A three-year bond has 8.0% coupon rate and face value of $1000. If the yield to maturity on the bond... Harrison Inc. has issued a zero/ coupon bond with par value of $1000. The bond pays no coupons until... a 10 year coupon bond that yield 5% is issued with a 1000 par value. what is the issuance price of t...