question archive What is the value of a bond which doesn’t pay any coupon payments and it offers 7% percent interest for a single period? Select one: a
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What is the value of a bond which doesn’t pay any coupon payments and it offers 7% percent interest for a single period?
Select one:
a.1025.88
b.1051.6
c.920.12
d.934.58
Correct answer is b.
Value of bond which does not pay any coupon payment and offer 7% for a single period is equal to 1051.6.