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Maturity (years) Price 1)$97.25 2)$94.53 3)$91.83 4)$89.23 5)$87.53 The above table shows the price per $100 face value of several risk-free, zero-coupon bonds. What is
Maturity (years)
Price 1)$97.25 2)$94.53 3)$91.83 4)$89.23 5)$87.53
The above table shows the price per $100 face value of several risk-free, zero-coupon bonds. What is the yield to maturity of the four-year, zero-coupon, risk-free bondshown?
A.0.11%
B. 2.89%
C. 1.44%
D. 5.78%
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