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Based on monthly compounding, what would be yield-to-maturity (YTM) be on a 14-year, zero-coupon, $1,000 par value bond thats currently trading at $657.15? A. 0.25%
Based on monthly compounding, what would be yield-to-maturity (YTM) be on a 14-year, zero-coupon, $1,000 par value bond thats currently trading at $657.15?
A.
0.25%
B.
1.99%
C.
3.00%
D.
3.15%
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