Multiple Choice
Calculate the yield to maturity of a zero-coupon bond with a face value of $1000, maturing in 15 years and selling for a price of $525.75.
A) 5.62 percent
B) 4.38 percent
C) 8.74 percent
D) 15.26 percent
E) 16.27 percent
Correct Answer:
Verified
Correct Answer:
Verified
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