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.)
b. What will the yield to maturity be if the price falls to $721?
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Enterprise Risk Management In Finance
Authors: David L. Olson, Desheng Dash Wu
1st Edition
1349691038, 978-1349691036
