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A 20-Year Zero Coupon Bond Has a $1,000 Face Value,a

Question 47

Multiple Choice

A 20-year zero coupon bond has a $1,000 face value,a required rate of return of 5 percent,and semiannually compounding.What is this bond worth today?


A) $372.43
B) $610.27
C) $208.29
D) $376.89
E) $626.30 A 20-year zero coupon bond has a $1,000 face value,a required rate of return of 5 percent,and semiannually compounding.What is this bond worth today? A) $372.43 B) $610.27 C) $208.29 D) $376.89 E) $626.30

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