Use the Table for the Question(s)below

question 24

Multiple Choice

Use the table for the question(s) below.
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)5.4%.
• B)5.8%.
• C)5.6%.
• D)6.0%.

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