Use the Table for the Question(s)below

question 34

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%
• E)5.0%