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Use the Figure for the Question(s)below

Question 21

Multiple Choice

Use the figure for the question(s) below. Use the figure for the question(s) below. -A risk-free,zero-coupon bond has 15 years to maturity.Which of the following is closest to the price per $100 of face value that the bond will trade at if the YTM is 7%? A) $29.55 B) $32.68 C) $36.24 D) $38.78
-A risk-free,zero-coupon bond has 15 years to maturity.Which of the following is closest to the price per $100 of face value that the bond will trade at if the YTM is 7%?


A) $29.55
B) $32.68
C) $36.24
D) $38.78

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