× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
New Topic  
johnpaech johnpaech
wrote...
Posts: 1098
Rep: 7 0
6 years ago
The price of a five-year, zero-coupon, default-free security with a face value of $1000 is closest to:
A) $754
B) $772
C) $776
D) $791
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
Read 67 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
D
Explanation:  D) FV = 1000
PMT = 0
N = 5
I = 4.8
Compute PV = 791.03
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1131 People Browsing
Related Images
  
 328
  
 96
  
 505
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4

Previous poll results: How often do you eat-out per week?