The Yields to Maturity on a Number of One-Year,zero-Coupon Securities

question 120

Multiple Choice

The yields to maturity on a number of one-year,zero-coupon securities are shown in the table above.What is the credit spread on a one-year,zero-coupon corporate bond with an A rating?

• A)4.7%
• B)2%
• C)1.2%
• D)0.4%
• E)0.8%

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