What price should be paid for a $5,000 face value strip bond with 19.5 years remaining to maturity if it is to yield the buyer 4.1% compounded semi-annually?

Name: What price should be paid for a $5,000 face value strip bond with 19.5 years remaining to maturity if it is to yield the buyer 4.1% compounded semi-annually?
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

The Answer of What price should be paid for a $5,000 face value strip bond with 19.5 years remaining to maturity if it is to yield the buyer 4.1% compounded semi-annually?

What Price Should Be Paid for a $5,000 Face Value