Consider a zero-coupon bond with $100 face value and 15 years to maturity. If the YTM is 7.4%, this bond will trade at a price closest to ________.
A) $41.13
B) $34.27
C) $47.98
D) $54.83

Name: Consider a zero-coupon bond with $100 face value and 15 years to maturity. If the YTM is 7.4%, this bond will trade at a price closest to ________. A) $41.13 B) $34.27 C) $47.98 D) $54.83
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

B) FV = 100
I = YTM
PMT = 0
N = 15 11ea84dc_f567_4a94_9a63_1fd5e13f4ea5_TB1316_00_TB1316_00

Consider a Zero-Coupon Bond with $100 Face Value and 15