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Canvas D | Question 16 5 pts am Waher wa at Big State Inventment Firm spesking with hs investment maager He was consideri a ero coupo bd and needed some Inration The product ih a 13-year r Coupon bond with montly compounding a par vaue o 11043 73 2 231 41 Question 17

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Answer #1

$546,459.30

PMT is zero since it is a zero coupon bond

N= 13 years*12 = 156 months

FV= 877642.78

Rate = 3.65%/12

PV using financial calculator =546,459.30

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