60-Day Plan13 / 143
EasyFinance

Zero-Coupon Bond Price

Goldman SachsPIMCO

A zero-coupon bond pays $100 in 1 year. With continuously-compounded rate r = 5%, what is its price today? (Round to 2 decimals.)

Hints

Price = face × erTe^{-rT}.

Sign in to reveal the full worked solution, check your answer instantly, and track your progress with spaced-repetition review.