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A zero-coupon bond with a face value of $10,000 and maturity date of 2 years, sells for $9,335.11; its yield- to-maturity is 4% 3.5% 0
A zero-coupon bond with a face value of $10,000 and maturity date of 2 years, sells for $9,335.11; its yield- to-maturity is 4% 3.5% 0 6.85% 4.25% 07.12% Market interest rates change so that next year, the yield-to-maturity on this bond becomes 5.5%; The new price of the bond is $9,157.30 09.335.11 9,478.67 10,000 O 8,984.52
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