Assume a discount bond has a few years until maturity and a positive yield. All else constant, the bond's yield to maturity is

Group of answer choices

less than its coupon rate.

unrelated to the time to maturity.

inversely related to the bond's market price.

equal to the coupon rate.

directly related to the time to maturity.

______bonds pay interest that is taxed only at the federal level.

Group of answer choices

Zero coupon

Municipal

Corporate

Mortgage

Treasury

Suppose that a zero-coupon bond with a face value of 10349 and time to maturity of 5 years is trading at $ 8446 . What is its yield to maturity (YTM)?

Group of answer choices

3.94026 %

3.5255 %

4.14765 %

3.73288 %

4.56241 %