Question: Compute the yield to maturity for a zero coupon bond with a maturity of 13 years and a face value of $1000. The bond is

Compute the yield to maturity for a zero coupon bond with a maturity of 13 years and a face value of $1000. The bond is selling for $478.75. (Assume annual discounting.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34\% as 12.34) Answer: Compute the yield to maturity for a zero coupon bond with a maturity of 13 years and a face value of $1000. The bond is selling for $478.75. (Assume annual discounting.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34\% as 12.34)

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