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

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

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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.