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A zero-coupon bond with face value $1,000 and maturity of five years sells for $755.22. a. What is its yield to maturity? (Round your answer

A zero-coupon bond with face value $1,000 and maturity of five years sells for $755.22.

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 $739? (Round your answer to 2 decimal places.)

Yield to maturity %

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