Question
A zero-coupon bond with face value $1,000 and maturity of four years sells for $737.22. a. What is its yield to maturity? (Round your answer
A zero-coupon bond with face value $1,000 and maturity of four years sells for $737.22.
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 $721?(Round your answer to 2 decimal places.)
Yield to maturity%
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The Legal Environment Today Summarized Case Edition
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