1.

2.

Consider a zero-coupon bond with a $100 face value which matures in 2 years. What is the value of this bond if its yield to maturity is 4.0%? Round to the nearest penny. Numeric Answer: A zero-coupon bond with a 2-year maturity and face value of $1,000 is trading at $975. What is this bond's yield to maturity? Round to the nearest tenth of a percent (e.g. 4.32% = 4.3). Numeric