Question
A zero-coupon bond has a face value of $1000 and a market value of $800. The bond will mature in 5 years. What is its
A zero-coupon bond has a face value of $1000 and a market value of $800. The bond will mature in 5 years. What is its yield to maturity?
104.56%
205.17%
-4.37%
4.56%
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
