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stranahan stranahan
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Posts: 3324
8 years ago
Your firm has issued ten-year zero-coupon bonds with a $1,000 face value. If the bonds are currently selling for $514.87. What is the yield to maturity?
A) 10.45%
B) 6.86%
C) 6.75%
D) This question cannot be answered because there is no coupon payment provided.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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Decrepit_Decrepit_
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Posts: 259
8 years ago
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stranahan Author
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8 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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4 years ago
the answer is D
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4 years ago
ty
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