Question
17) Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity. Assuming that this bond trades for $1112, then the
17) Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity. Assuming that this bond trades for $1112, then the YTM for this bond is closest to:
A) 8.0%.
B) 3.4%.
C) 6.8%.
D) 9.2%.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
6th Edition
003025809X, 978-3540014386
