The Following Table Summarizes Prices of Various Default-Free Zero-Coupon Bonds

question 17

Multiple Choice

The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value) : The yield to maturity for the three-year zero-coupon bond is closest to ________.

• A)5.40%
• B)2.70%
• C)10.80%
• D)0.15%

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