Problem

Suppose the following zero$-$coupon bonds are trading at the prices shown below per $$100$ face value.

Determine the corresponding yield to maturity $($rate of return$)$ for each bond.

$\backslash$table$[[$Maturity$,1$ year,$2$ years,$3$ years,$4$ years$],[$Price$,$$$96\mathrm{.}62,$$$92\mathrm{.}45,$$$87\mathrm{.}63,$$$83\mathrm{.}06$