A 10-year zero-coupon bond that yields 6% is issued with a $1,000 par value. What is the issuance price of the bond?
A) $558
B) $64
C) $614
D) $1,000

Name: A 10-year zero-coupon bond that yields 6% is issued with a $1,000 par value. What is the issuance price of the bond? A) $558 B) $64 C) $614 D) $1,000
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The Answer of A 10-year zero-coupon bond that yields 6% is issued with a $1,000 par value. What is the issuance price of the bond?
A) $558
B) $64
C) $614
D) $1,000

A 10-Year Zero-Coupon Bond That Yields 6% Is Issued with a $1,000