Consider a Zero-Coupon Bond with a $1000 Face Value and 10

question 13

Multiple Choice

Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity.If the bond is currently trading for $459,then the yield to maturity on this bond is closest to:

• A)7.5%.
• B)10.4%.
• C)9.7%.
• D)8.1%.

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Definitions:

Binary Operators

Operators that operate on two operands and perform operations like addition, subtraction, multiplication, or logical comparison.

Unary Operators

Operators that operate on a single operand to perform various operations like negation, increment, or decrement.

Operands

The entities on which operators perform operations in expressions, such as variables or values.

Period

A length or span of time characterized by a specific condition, activity, or event.