Makes no coupon payments with yield to maturity

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Reference no: EM131566659

What is the value of a 10 year bond that makes no coupon payments (0-coupon) with a yield to maturity (quoted rate) of 6.6% and a maturity value of $1000? Note, I know the question says bond, but it is actually a simple present value problem. Calculate your answer to the nearest $.01. Enter your answer as a positive number.

Reference no: EM131566659

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Makes no coupon payments with yield to maturity : What is the value of a 10 year bond that makes no coupon payments (0-coupon) with a yield to maturity (quoted rate) of 6.6% and a maturity value of $1000?

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