Question
ou buy a zero coupon bond for $247.00. The bond matures in 12 years and the face value is $1000. What is the yield to
ou buy a zero coupon bond for $247.00. The bond matures in 12 years and the face value is $1000. What is the yield to maturity on this bond?
| A. | 10% APR with compounding semiannually | |
| B. | 6% APR with compounding semiannually | |
| C. | 5% APR with compounding semiannually | |
| D. | 12% APR with compounding semiannually |
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Research Methods Statistics and Applications
Authors: Kathrynn A. Adams, Eva Marie K. Lawrence
1st edition
1452220182, 978-1452220185
