What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 6 years if the appropriate discount rate is 4%.

4

Step-by-step explanation:

A zero-coupon bond  doesn’t make any payments. Instead, investors purchase the zero-coupon bond for less than its face value, and when the bond matures, they receive the face value.

To figure the price you should pay for a zero-coupon bond, you'll follow these steps:

Divide your required rate of return by 100 to convert it to a decimal.

Add 1 to the required rate of return as a decimal.

Raise the result to the power of the number of years until the bond matures.

Divide the face value of the bond to calculate the price to pay for the zero-coupon bond to achieve your desired rate of return.

First, divide 4 percent by 100 to get 0.04. Second, add 1 to 0.04 to get 1.04. Third, raise 1.04 to the sixth power to get 1.2653. Lastly, divide the face value of $1,000 by 1.2653 to find that the price to pay for the zero-coupon bond is $790,32.

60.9774

step-by-step explanation:

because when you add 47.6 plus 7.32 equals 54.92

and when you add .0574 + 6= 6.0574

and when you add 54.92 and 6.0574 you get the answer of 60.9774.

plzz mark brainlest last one got deleted. cause i didn't explain it but i did but i understand what the mod meant