Question: The following table shows some data for three bonds. In each case, the bond has a coupon of zero. The face value of each bond
The following table shows some data for three bonds. In each case, the bond has a coupon of zero. The face value of each bond is $1,000.
| Bond | Price | Maturity (Years) | Yield to Maturity |
|---|---|---|---|
| A | $ 260 | 20 | |
| B | 260 | 10% | |
| C | 24 | 9 |
What is the yield to maturity of bond A?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 3 decimal places. Assume annual compounding.
What is the maturity of B?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Assume annual compounding.
What is the price of C?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Assume annual compounding.
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