A risk-free,zero-coupon bond with a face value of $1,000 has 15 years to maturity.If the YTM is 5.8%,which of the following would be closest to the price this bond will trade at?
A)$721
B)$686
C)$525
D)$429
E)$397

Question

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The Answer of A risk-free,zero-coupon bond with a face value of $1,000 has 15 years to maturity.If the YTM is 5.8%,which of the following would be closest to the price this bond will trade at?
A)$721
B)$686
C)$525
D)$429
E)$397

A Risk-Free,zero-Coupon Bond with a Face Value of $1,000 Has