Question: Builtrite currently has a $1000 par, 11 year maturity, zero coupon bond outstanding that is selling for $527. What is the bonds yield to maturity?

Builtrite currently has a $1000 par, 11 year maturity, zero coupon bond outstanding that is selling for $527. What is the bonds yield to maturity?

4%

6%

3%

5%

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