Question: A zero - coupon bond trades at $ 9 8 7 . 2 4 . If the bond matures after 4 years and has a

A zero-coupon bond trades at $987.24. If the bond matures after 4 years and
has a par value equal to $1,000, its yield to maturity is:
(a)3.25%.
(b)2.05%.
(c)0.322%.
(d) None of the above answers is correct.

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