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    Exam 15: The Term Structure of Interest Rates
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    The Following Is a List of Prices for Zero-Coupon Bonds
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The Following Is a List of Prices for Zero-Coupon Bonds

Question 22

Question 22

Multiple Choice

The following is a list of prices for zero-coupon bonds with different maturities and par values of $1,000. The following is a list of prices for zero-coupon bonds with different maturities and par values of $1,000.   What is the yield to maturity on a 3-year zero-coupon bond? A) 6.37% B) 9.00% C) 7.33% D) 8.24% What is the yield to maturity on a 3-year zero-coupon bond?


A) 6.37%
B) 9.00%
C) 7.33%
D) 8.24%

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