Question: 11. A $1,000 face value 5-year zero coupon bond is selling at par. What is the YTM if the market interest rate is 7%? A.

11. A $1,000 face value 5-year zero coupon bond is selling at par. What is the YTM if the market interest rate is 7%? A. $.39 B. $3.86 C.$38.62 D.7% E. $1,038.62

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