For bonds A and B below find the values of X and Y assuming each is a zero coupon bond with a $1,000 face value (semiannual compounding).
$\text { Maturity } \quad \text { Yield } \quad \text { Price }$
$\begin{array}{cccc}
\text { Bond } & \text { (Years) } & \text { (Percent) } & (\$ \$) \
\hline \mathrm{A} & \mathrm{X} & 10 & 458.10 \
\mathrm{P} & 0 & \mathrm{Y} & 21200
\end{array}$
A) 8 years and 4 percent
B) 10 years and 8 percent
C) 12 years and 10 percent
D) 14 years and 12 percent
E) 8 years and 18 percent

Question

For bonds A and B below find the values of X and Y assuming each is a zero coupon bond with a $1,000 face value (semiannual compounding).
                     $\text { Maturity } \quad \text { Yield } \quad \text { Price }$
$\begin{array}{cccc}
\text { Bond } & \text { (Years) } & \text { (Percent) } & (\$ \$) \
\hline \mathrm{A} & \mathrm{X} & 10 & 458.10 \
\mathrm{P} & 0 & \mathrm{Y} & 21200
\end{array}$
A) 8 years and 4 percent
B) 10 years and 8 percent
C) 12 years and 10 percent
D) 14 years and 12 percent
E) 8 years and 18 percent

Quizplus · Accepted Answer

The Answer of For bonds A and B below find the values of X and Y assuming each is a zero coupon bond with a $1,000 face value (semiannual compounding).
                     $\text { Maturity } \quad \text { Yield } \quad \text { Price }$
$\begin{array}{cccc}
\text { Bond } & \text { (Years) } & \text { (Percent) } & (\$ \$) \
\hline \mathrm{A} & \mathrm{X} & 10 & 458.10 \
\mathrm{P} & 0 & \mathrm{Y} & 21200
\end{array}$
A) 8 years and 4 percent
B) 10 years and 8 percent
C) 12 years and 10 percent
D) 14 years and 12 percent
E) 8 years and 18 percent

For Bonds a and B Below Find the Values of X