How do I calculate bond price example question below?
What is the price of a 25-year, pure discount bond that pays $50 at maturity if the current yield-to-maturity is 8 percent?© BrainMass Inc. brainmass.com June 19, 2018, 8:16 pm ad1c9bdddf
A pure discount bond makes a single payment at maturity. The price of such a bond will be the present value of the ...
The solution explains how to calculate the price of a pure discount bond