Zero-coupon bond. Wesley Company will issue a zero-coupon bond this coming month. The projected bond yield is 8%. If the par value is $1,000, what is the bond’s price using a semiannual convention if
a. the maturity is 15 years?
b. the maturity is 35 years?
c. the maturity is 60 years?
d. the maturity is 80 years?
a. What is the price of the bond using a semiannual convention if the maturity is 15 years? $1 (Round to the nearest cent.) Get Finance homework help