A risk-free, zero-coupon bond with a $10,000 face value has 15 years to maturity. The...
50.1K
Verified Solution
Link Copied!
Question
Accounting
A risk-free, zero-coupon bond with a $10,000 face value has 15 years to maturity. The bond currently trades at 59,000. What is the yield to maturity of this bond? A. 55% B. 0.352% C. 0.705% D. 90%
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
