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What is the yield to maturity on an 19-year, zero coupon bond selling for 30% of par value? 1. 4.68% 2. 6.45% 3. 7.62% 4.
What is the yield to maturity on an 19-year, zero coupon bond selling for 30% of par value?
| 1. | 4.68% | |
| 2. | 6.45% | |
| 3. | 7.62% | |
| 4. | 9.05% | |
| 5. | 6.54% |
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Intermediate Financial Theory
Authors: Jean-Pierre Danthine, John B. Donaldson
2nd Edition
0123693802, 978-0123693808
