9- şuppose that a company issues €10.000 face value discount bond maturing in one year. What is the price of this bond if its yield to maturity of 5 percent? Please select one; a) €9.515 b) €9.615 c) €9.815 d) €10.000 e) €10.400

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter6: Bonds (debt) - Characteristics And Valuation
Section: Chapter Questions
Problem 11PROB
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9- suppose that a company issues €10.000 face value discount bond maturing in one year. What is
the price of this bond if its vield to maturity of 5 percent?
Please select one;
a) €9.515
b) €9.615
c) €9.815
d) €10.000
e) €10.400
Transcribed Image Text:9- suppose that a company issues €10.000 face value discount bond maturing in one year. What is the price of this bond if its vield to maturity of 5 percent? Please select one; a) €9.515 b) €9.615 c) €9.815 d) €10.000 e) €10.400
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