Solve the problem.
-Find the face value (to the nearest thousand dollars) of the 15 -year zero-coupon bond at $4.4 \%$ (compounded semiannually) with a price of $\$ 20,823$.
A) $\$ 45,800$
B) $\$ 45,000$
C) $\$ 40,500$
D) $\$ 40,000$

Question

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The Answer of Solve the problem.
-Find the face value (to the nearest thousand dollars) of the 15 -year zero-coupon bond at $4.4 \%$ (compounded semiannually) with a price of $\$ 20,823$.
A) $\$ 45,800$
B) $\$ 45,000$
C) $\$ 40,500$
D) $\$ 40,000$

Solve the Problem 4.4%4.4 \%4.4% (Compounded Semiannually) with a Price Of $20,823\$ 20,823$20,823

Solve the Problem $4.4 \%$ (Compounded Semiannually) with a Price Of $\$ 20,823$