FINAL Q13

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February 19th, 2023

Question 13Black Water Corp. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 27 years and a yield to maturity of 9.16 percent, compounded annually. What is the current price of the bond?Round answer to two decimal placesAnswer Submitted by Accountingexp… on Sun, 2017-03-05 12:20teacher rated 171 times 4.842105price: $3.00 please check out solution body preview (2 words)xxxxxxxxxxx93.82Buy this answer

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