acallahan1683 acallahan1683
  • 18-11-2017
  • Mathematics
contestada

What is the price of $100 face value of a ten-year, zero-coupon, risk-free bond with an ytm of 5%? $58.82
b.$61.39
c.$37.73
d.$73.59?

Respuesta :

tynollette tynollette
  • 18-11-2017
100=P(1+0.05)^10
P=100/(1.05)^10
P=61.39
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