What is the yield to maturity of a 3-year bond? $\begin{array}{lr}
&\text { 1-Year } \
&\text { Forward }\
\text { Year } & \text { Rate } \
1 & 4.6 \% \
2 & 4.9 \% \
3 & 5.2 \% \
4 & 5.5 \% \
5 & 6.8 \%
\end{array}$
A) 4.6%
B) 4.9%
C) 5.2%
D) 5.5%
E) 5.8%

Question

Quizplus · Accepted Answer

The Answer of What is the yield to maturity of a 3-year bond? $\begin{array}{lr}
&\text { 1-Year } \
&\text { Forward }\
\text { Year } & \text { Rate } \
1 & 4.6 \% \
2 & 4.9 \% \
3 & 5.2 \% \
4 & 5.5 \% \
5 & 6.8 \%
\end{array}$
A) 4.6%
B) 4.9%
C) 5.2%
D) 5.5%
E) 5.8%

What Is the Yield to Maturity of a 3-Year Bond