Use the following information to answer the question below. ...

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Finance

Use the following information to answer the question below.

Maturity (years)

1

2

3

4

5

Zero-Coupon YTM

3.15%

3.50%

3.80%

4.15%

4.40%

The price today of a two-year default-free security with a face value of $100 and an annual coupon rate of 10% is closest to:

Select one:

A. $118.93

B. $115.72

C. $114.28

D. $116.19

E. $112.38

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