Compute the yield to maturity for a zero coupon bond with a maturity of 15 years and face value of $1000. The bond is selling for $463.54. (Assume annual discounting.) (Roum and enter as a percentage, e.g. 12.34% as 12.34)

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Compute the yield to maturity for a zero coupon bond with a maturity of 15 years and a face value of $1000. The bond is selling for $463.54. (Assume annual discounting.) (Roum
and enter as a percentage, e.g. 12.34% as 12.34)
Answer:
Transcribed Image Text:Compute the yield to maturity for a zero coupon bond with a maturity of 15 years and a face value of $1000. The bond is selling for $463.54. (Assume annual discounting.) (Roum and enter as a percentage, e.g. 12.34% as 12.34) Answer:
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