A risk-free, zero-coupon bond has 15 years to maturity. Which of the following is closest to the price per $1,000 of face value that the bond will trade at if the Yield to Maturity is 7%?
$296
$327
$362
$388
https://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.png00developerhttps://uniessaywriters.com/wp-content/uploads/2020/07/LOG-300x75.pngdeveloper2020-08-11 01:15:192020-08-11 01:15:19A risk-free, zero-coupon bond has 15 years to maturity. Which of the following is closest to the price per $1,000 of face value that the bond will