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The following table shows some data for three zero-coupon bonds. The face value of each bond is $1,000. Bond Price Maturity(years) Yield to Maturity A
The following table shows some data for three zero-coupon bonds. The face value of each bond is $1,000.
Bond | Price | Maturity(years) | Yield to Maturity |
A | 310 dollars | 25 | - |
B | 310 | - | 9% |
C | - | 11 | 8 |
a. What is the yield to maturity of bond A? (Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places. Assume annual compounding.)
Yield of Maturity = ... %
b. What is the maturity of B? (Do not round intermediate calculations. Round your answer to 2 decimal places. Assume annual compounding.)
Maturity = ... years
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