Use the Figure for the Question(s) Below

question 22

Multiple Choice

Use the figure for the question(s) below.
-A risk-free, zero-coupon bond with a $5000 face value has 15 years to maturity. The bond currently trades at $3750. What is the yield to maturity of this bond?

• A) 1.936%
• B) 0.968%
• C) 62.500%
• D) 75.000%

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The fundamental purpose or aim of an organization that guides its actions, influences strategy, and shapes its culture.

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