The YTM of a 3-Year Default-Free Security with a Face

question 112

Multiple Choice

The YTM of a 3-year default-free security with a face value of $1000 and an annual coupon rate of 6% is closest to:

• A)5.5%.
• B)5.8%.
• C)5.7%.
• D)5.2%.

---

Definitions:

Training Programs

Structured educational initiatives designed to enhance the knowledge, skills, and abilities of participants for specific roles or tasks.

Training Purpose

The primary goal or outcome that an educational or skill-development activity aims to accomplish.