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If a zero-coupon bond has face value of $1000. The bond has 6 years to mature. The current bond price is $480. The yield to
If a zero-coupon bond has face value of $1000. The bond has 6 years to mature. The current bond price is $480. The yield to maturity (YTM) of the bond is ____%?
hint: you are calculating the discount rate of the bond (the yield to maturity)
If a zero-coupon bondhas face value of $1000. The bond has 6 years to mature. The current bond price is $480. The yield to maturity (YTM) of the bond is ____%?
hint: you are calculating the discount rate of the bond (the yield to maturity)
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