###### Answer: D. $130.04

102. A zero-coupon bond has a yield to maturity of 12% and a par value of $1 000. If the bond matures in 18 years the …

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# [Answer] 102. A zero-coupon bond has a yield to maturity of 12% and a par value of $1 000. If the bond matures in 18 years the bond should sell for a price of _______ today. A. 422.41B. $501.87C. $513.16D. $130.04E. None of these is correct.

###### Answer: D. $130.04

102. A zero-coupon bond has a yield to maturity of 12% and a par value of $1 000. If the bond matures in 18 years the …

Answers to multiple-choice questions (MCQs)