Show that the rate of return on the 3-year zero in the table below also will be
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Show that the rate of return on the 3-year zero in the table below also will be 5%.
Maturity (years) | Yield to Maturity (%) |
1 | 5% |
2 | 6% |
3 | 7% |
4 | 8% |
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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