There is a zero coupon bond that sells for $4,394.80 and has a par value of...

There is a zero coupon bond that sells for $4,394.80 and has a par value of $10,000. If the bond has 20 years to maturity, what is the yield to maturity? Assume semiannual compounding.

Multiple Choice

4.20%
4.01%
4.15%
4.05%
3.99%

Expert Solution

jeff jeffy answered 2 years ago

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