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10. What is the yield to maturity of a one-year, risk-free, zero-coupon bond with a $10,000 face value and a price of $9,690 when released?

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10. What is the yield to maturity of a one-year, risk-free, zero-coupon bond with a $10,000 face value and a price of $9,690 when released? A) 3.199% B) 3.500% C) 6.383% D) 1.587% 11. What must be the price of a $1,000 bond with a 5.1% coupon rate, quarterly coupons, and five years to maturity if it has a yield to maturity of 7% APR? A) $949.49 B) $920.42 C) $1,091.97 D) $920.99

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