What should the purchase price of a 2-year zero-coupon bond be if it is purchased at the beginning of year 2 and has face value of $1,000?
A)$877.54
B)$888.33
C)$883.32
D)$893.36

Question

What should the purchase price of a 2-year zero-coupon bond be if it is purchased at the beginning of year 2 and has face value of $1,000?
A)$877.54 
B)$888.33 
C)$883.32 
D)$893.36

Quizplus · Accepted Answer

The Answer of  What should the purchase price of a 2-year zero-coupon bond be if it is purchased at the beginning of year 2 and has face value of $1,000?
A)$877.54 
B)$888.33 
C)$883.32 
D)$893.36

What Should the Purchase Price of a 2-Year Zero-Coupon Bond