Zero-Coupon Bonds Issued in 1999 Are Due in 2009

question 2

Multiple Choice

Zero-coupon bonds issued in 1999 are due in 2009.If they are sold at 55 percent of face value,the implied yield to maturity is (round the final percentage answer to 2 decimal places) :

• A) 5.50%.
• B) 6.16%.
• C) 8.31%.
• D) cannot be determined, need more information.

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A sweetener made from corn starch that has undergone enzymatic processing to convert some of its glucose into fructose, making it sweeter than regular corn syrup.