The price per $100 face value of a three-year, risk-free zero-coupon bond is closest to:
A. $93.80
B. $90.06
C. $89.16
D. $86.39
Answer:C
The price per $100 face value of a three-year, risk-free zero-coupon bond is closest to:
A. $93.80 B. $90.06 C. $89.16 D. $86.39