Question: Zero coupon yields Year 1: 4.50% Year 2: 4.90% Year 3: 5.20% Year 4: 5.50% Year 5: 5.70% What is the maturity of a default

Zero coupon yields

Year 1: 4.50%

Year 2: 4.90%

Year 3: 5.20%

Year 4: 5.50%

Year 5: 5.70%

What is the maturity of a default free security with annual coupon payments and a yield maturity of 4.50%? years?

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