Multiple Choice
Zero-coupon bonds were issued in 2005.If they are sold at 55 percent of face value,and the implied yield to maturity is 5%,the bonds will mature in:
A) 4.5 years.
B) 10.75 years.
C) 12.25 years.
D) cannot be determined, need more information.
Correct Answer:

Verified
Correct Answer:
Verified
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