a company sold 10 year, $1000 par value, zero coupon bonds yielding 4%. What did they...

Question

Question

a company sold 10 year, $1000 par value, zero coupon bonds yielding 4%. What did they sell for?

Answer 1

Answer #1

Price of the bond present value of the par value of bond -$675.56 1000/(1.04410)

Answer 2

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