Use the following information to answer the question(s) below. Maturity (years) 1 2 3 4 5 Zero-Coupon YTM Consider a five-year, default-free bond with an annual coupon rate of 5% and a face value of $1000. The YTM on this bond is closest to: Select one: a. 3.85% b. 4.20% C. 4.35% 3.25% 3.50% 3.90% 4.25% 4.40% d. 4.40%

Use the following information to answer the question(s) below. Consider a five-year, default-free bond with an annual coupon rate of 5% and a face value of $1000. The YTM on this bond is closest to: Select one: a. 3.85% b. 4.20% c. 4.35% d. 4.40% Use the following information to answer the question(s) below. Consider a five-year, default-free bond with an annual coupon rate of 5% and a face value of $1000. The YTM on this bond is closest to: Select one: a. 3.85% b. 4.20% c. 4.35% d. 4.40%