Question:

Azer coupon bond is a bond that is sold now at a discount

Last updated: 7/26/2022

Azer coupon bond is a bond that is sold now at a discount

Azer coupon bond is a bond that is sold now at a discount and will pay its face value at some time in the future when it matures no Interest payments are made Azero capon bond with a face value of $9000 matures in 20 years. What should the bond be sold for now if its rate of return is to be 2.7%. compounded semiannually? a)A fair price to buy the bond at would be ___Round to the nearest cent as needed)