Question: 10. Y Corp. issues a $1,000 face value, 5-year zero-coupon bond. Its price is set at $508.35. What is the yield to maturity (YTM), if
10. Y Corp. issues a $1,000 face value, 5-year zero-coupon bond. Its price is set at $508.35. What is the yield to maturity (YTM), if semi-annual compounding is used? A) 11% B) 12%
C) 13%
D) 14%
E) 15%
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