Use the table for the question(s) below.
The following table summarises prices of various default-free zero-coupon bonds (expressed as a percentage of face value):
$\begin{array} { l c c c c c }
\hline \text { Maturity (years) } & \mathbf { 1 } & \mathbf { 2 } & \mathbf { 3 } & \mathbf { 4 } & \mathbf { 5 } \
\hline \text { Price (per } \$ 100 \text { face value) } & 94.52 & 89.68 & 85.40 & 81.65 & 78.35 \
\hline
\end{array}$
-The yield to maturity for the three-year zero-coupon bond is closest to?

Question

Use the table for the question(s) below.
The following table summarises prices of various default-free zero-coupon bonds (expressed as a percentage of face value):
$\begin{array} { l c c c c c } 
\hline \text { Maturity (years) } & \mathbf { 1 } & \mathbf { 2 } & \mathbf { 3 } & \mathbf { 4 } & \mathbf { 5 } \
\hline \text { Price (per } \$ 100 \text { face value) } & 94.52 & 89.68 & 85.40 & 81.65 & 78.35 \
\hline
\end{array}$
-The yield to maturity for the three-year zero-coupon bond is closest to?

Quizplus · Accepted Answer

The Answer of Use the table for the question(s) below.
The following table summarises prices of various default-free zero-coupon bonds (expressed as a percentage of face value):
$\begin{array} { l c c c c c } 
\hline \text { Maturity (years) } & \mathbf { 1 } & \mathbf { 2 } & \mathbf { 3 } & \mathbf { 4 } & \mathbf { 5 } \
\hline \text { Price (per } \$ 100 \text { face value) } & 94.52 & 89.68 & 85.40 & 81.65 & 78.35 \
\hline
\end{array}$
-The yield to maturity for the three-year zero-coupon bond is closest to?

Use the Table for the Question(s) Below -The Yield to Maturity for the Three-Year Zero-Coupon Bond Is