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What is the YTM for a zero coupon bond ($1,000 par) maturing 18 months and 15 days from now selling for $900 today. Use semiannual

What is the YTM for a zero coupon bond ($1,000 par) maturing 18 months and 15 days from now selling for $900 today. Use semiannual rate approach.

  • A. 7.19%
  • B. 8.41%
  • C. 6.94%
  • D. 6.53%
  • E. 7.81%

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