Question: A zero - coupon bond has 7 . 2 years remaining to maturity, and a face value of $ 1 0 0 0 . What

A zero-coupon bond has 7.2 years remaining to maturity, and a face value of $1000. What
is the YTM on this bond expressed as an effective semi-annual rate if the bond is selling
for $828.5, today. (Please use percents as your answer, so for example if your answer is
5.23%, write "5.23")
Answer
 A zero-coupon bond has 7.2 years remaining to maturity, and a

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