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Consider the following yields to maturity on various one-year, zero-coupon securities: Security Yield (%) Treasury 5.4 AAA Corporate 5.6 BBB Corporate 6.4 B Corporate 7
Consider the following yields to maturity on various one-year, zero-coupon securities:
Security | Yield (%) |
Treasury | 5.4 |
AAA Corporate | 5.6 |
BBB Corporate | 6.4 |
B Corporate | 7 |
The price (expressed as a percentage of the face value) of a one-year, zero-coupon corporate bond with a BBB rating is closest to ________.
A.75.19
B.112.78
C.131.58
D.93.99
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