Question: Builtrite currently has a $1000 par, 18 year maturity, zero coupon bond outstanding that is selling for $250. What is the bonds yield to maturity?

Builtrite currently has a $1000 par, 18 year maturity, zero coupon bond outstanding that is selling for $250. What is the bonds yield to maturity? 7% 5% 6% 8%

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