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A 10-year zero coupon bond (coupon rate is zero) is selling at $575. What is yield-to-maturity (YTM) for the bond if the face value of

A 10-year zero coupon bond (coupon rate is zero) is selling at $575. What is yield-to-maturity (YTM) for the bond if the face value of the bond is $1,000?

  1. 6.15%
  2. 5.96%
  3. 5.85%
  4. 5.69%
  5. 5.45%

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