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Consider a zero-coupon bond with $1,000 face value and 29 to maturity. If the YTM is...

Consider a zero-coupon bond with $1,000 face value and 29 to maturity. If the YTM is 4.27%, this bond will trade at a price of? please Submit your answers with 4 decimals after the dot

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Answer #1

face Value = 1000 Time = 29 years ytm = 4.27%.. Price = Face value Time (1+ ytan) Time 1ooo Price (160427) 29 = $297.4255 Ans

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