Consider a zero-coupon bond with a $1000 face value and ten years left until maturity.If the bond is currently trading for $459,then the yield to maturity on this bond is closest to:
A)7.5%
B)10.4%
C)9.7%
D)8.1%
E)7.2%

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The Answer of Consider a zero-coupon bond with a $1000 face value and ten years left until maturity.If the bond is currently trading for $459,then the yield to maturity on this bond is closest to:
A)7.5%
B)10.4%
C)9.7%
D)8.1%
E)7.2%

Consider a Zero-Coupon Bond with a $1000 Face Value and Ten