The yield to maturity for the three-year zero-coupon bond is closest to ________
The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value):
Maturity (years) 1 2 3 4 5
Price (per $100 face value) 94.52 89.68 85.40 81.65 78.35
A) 5.40%
B) 2.70%
C) 10.80%
D) 0.15%
Answer: A
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a. rate of interest. b. principal of the note. c. time of the note. d. discount of the note.
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Answer the following statement true (T) or false (F)
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Strategy, goals, and programs support the organizational mission
Indicate whether the statement is true or false