Question: commerzbank issues two zero coupon bonds in 1985. One bone was for DM300,000,000 due in 1995 and sold at 50 percent of face value, and

commerzbank issues two zero coupon bonds in 1985. One bone was for DM300,000,000 due in 1995 and sold at 50 percent of face value, and the second bond was for DM300,000,000 Due in 2000 sold at 33 1/3 percent of face value. Calculate the implied yield to maturity of each of these two zero-coupon bond issues.

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