What is the annual yield-to-maturity for a zero-coupon bond reimbursed at $100 in 10 years and currently

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What is the annual yield-to-maturity for a zero-coupon bond reimbursed at $100 in 10 years and currently selling at $387?

a) 7.29%,

b) 8.68%,

c) 9.50%, or

d) 10.16 %?

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Practical Business Statistics

ISBN: 9780123852083

6th edition

Authors: Andrew Siegel

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Posted Date: Dec 15, 2020 09:33 PM

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What is the annual yield-to-maturity for a zero-coupon bond reimbursed at $100 in 10 years and currently

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Answer Solution iThe price of a ZCB can never be more than the maturity amount of the ZCB ... View the full answer

Practical Business Statistics

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