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Current price of the bond-black water corp

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Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 27 years and a yield to maturity of 7.68 percent, compounded annually. What is the current price of the bond? Round the answer to two decimal places.

Reference no: EM132548119

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Current price of the bond-black water corp : Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 27 years and a yield to maturity
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