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The table below shows the YTM of zero coupon bonds. What is the expected future interest rate from the end of year 3 to the
The table below shows the YTM of zero coupon bonds. What is the expected future interest rate from the end of year 3 to the end of year 4?
Bond | Years to maturity | Yield to maturity |
A | 1 | 6.1% |
b | 2 | 7.8% |
c | 3 | 8.2% |
d | 4 | 8.75% |
e | 5 | 10% |
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