The following table summarizes prices of various zero-coupon bonds (expressed as a percentage of face value): Maturity (years) Price (per $100 face value) 1 94.52 Which bond has the highest yield to maturity? O A. 1-year bond O B. 2-year bond O C. 3-year bond O D. 4-year bond 2 89.68 3 85.40 4 81.65

Which bond has the highest yield to maturity? A. 1-year bond B. 2-year bond C. 3-year bond D. 4-year bond