How much should she pay for the bond

Reference no: EM132160314

Question: A zero-coupon bond (coupon rate = 0%) with a face value of $10,000 and maturity date in 5 years is being considered for purchase by Pam. The current market interest rate is a nominal 10%, compounded quarterly. How much should she pay for the bond? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132160314

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