question archive A zero-coupon bond with a par value of $1,000 has 15 years to maturity

A zero-coupon bond with a par value of $1,000 has 15 years to maturity

Subject:FinancePrice: Bought3

A zero-coupon bond with a par value of $1,000 has 15 years to maturity.

If the YTM is 6.2%, what is the current price this bond?

pur-new-sol

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