Question
The price of a zero-coupon bond with a par value of $1,000 and maturing in 10 years is $800. What is the yield to maturity
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The price of a zero-coupon bond with a par value of $1,000 and maturing in 10 years is $800. What is the yield to maturity of the bond?
A. 4.01%
B. 3.52%
C. 1.55%
D. 2.26%
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
