What Is the Yield to Maturity on a 15-Year, Zero-Coupon

question 130

Multiple Choice

What is the yield to maturity on a 15-year, zero-coupon bond selling for 37.5% of par value?

• A) 4.40%
• B) 5.60%
• C) 5.97%
• D) 6.76%
• E) 37.50%

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