Question
A zero-coupon bond with face value $1,000 and maturity of six years sells for $745.22. a. What is its yield to maturity? (Round your answer
A zero-coupon bond with face value $1,000 and maturity of six years sells for $745.22.
a. What is its yield to maturity? (Round your answer to 2 decimal places.)
Yield to maturity %
b. What will the yield to maturity be if the price falls to $729? (Round your answer to 2 decimal places.)
Yield to maturity %
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The Handbook Of Equity Derivatives
Authors: Jack Clark Francis, William W. Toy, J. Gregg Whittaker
1st Edition
0471326038, 978-0471326038
