Question
Security: Treasury AAA Corporate BBB Corporate B Corporate Yield (%): 5.2 5.4 6.6 6.9 The above table shows the yields to maturity on a number
| Security: | Treasury | AAA Corporate | BBB Corporate | B Corporate |
| Yield (%): | 5.2 | 5.4 | 6.6 | 6.9 |
The above table shows the yields to maturity on a number of three-year, zero-coupon securities. What is the price per $100 of the face value of a three-year, zero-coupon corporate bond with a BBB rating?
A.$82.55
B.$66.04
C.$115.57
D.$99.06
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
