Question
A risk-free, zero-coupon bond with a $1,000 face value has ten years to maturity. The bond currently trades at $545.39. What is the yield to
A risk-free, zero-coupon bond with a $1,000 face value has ten years to maturity. The bond currently trades at $545.39. What is the yield to maturity of this bond?
Group of answer choices
3.45%
6.25%
5.45%
3.80%
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The Economics Of Money Banking And Finance
Authors: Keith Bain, Peter Howells
1st Edition
0582278007, 9780582278004
