The yields to maturity on a number of one-year,zero-coupon securities are shown in the table above.What is the price (expressed as a percentage of the face value) of a one-year,zero-coupon corporate bond with a B rating?

Name: The yields to maturity on a number of one-year,zero-coupon securities are shown in the table above.What is the price (expressed as a percentage of the face value)of a one-year,zero-coupon corporate bond with a B rating?
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

A) P as a % of FV = [100/1.06] / 100 = 94.33%

The Yields to Maturity on a Number of One-Year,zero-Coupon Securities