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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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