A Twenty-Year Zero Coupon Bond with a Face Value of $1,000

question 42

Multiple Choice

A twenty-year zero coupon bond with a face value of $1,000 is currently selling for $326.50.What is the bond's YTM?

• A) 5.65%
• B) 5.68%
• C) 5.72%
• D) 5.76%

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