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Memphic Memphic
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6 years ago
Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity.  If the YTM of this bond is 10.4%, then the price of this bond is closest to:
A) $1000
B) $602
C) $1040
D) $372
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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deusmarotodeusmaroto
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#1
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6 years ago
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Memphic Author
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6 years ago
Correct Slight Smile TY
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Thanks for your help!!
riptide
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Thanks
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