What is the current price of this bonds?

Mathematics
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4. A zero-coupon bond with a par value of $1000 has 15 years to maturity. If the YTM is 6.2%. What is the current price this bonds?


Nov 18th, 2015

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A zero-coupon bond with a par value of $1000 has 15 years to maturity. If the YTM is 6.2%. What is the current price this bonds?

current price this bonds = 1000/(1+6.2%)^15= $405.63


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Nov 18th, 2015

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