Dr Nick

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About Dr Nick

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  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

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  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 15 Jul 2017 My Price 10.00

the answer to two decimal places.

Homework #4E (zero-coupon bond

Finance

Question 3 (1 point)

 

20 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield to maturity of 7.21 percent, compounded semi-annually. What is the current price of the bond?

Round the answer to two decimal places.

Answers

Dr Nick
(3)
Status NEW Posted 15 Jul 2017 03:07 PM My Price 10.00

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