You are considering investing in a zero-coupon bond that will pay you its face value of $1000 in twelve years. If the bond is currently selling for $496.97, then the internal rate of return (IRR) for investing in this bond is closest to ________

A) 5.0%
B) 7.1%
C) 6.0%
D) 8.2%

Answer: C

Business

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The ratio of the total financial compensation of the highest paid salesperson to the average in a sales force is the:

A. MBO opportunity benefit B. Ratio of salary to bonuses C. Earnings opportunity ratio D. Performance indicator valence E. Organizational motivational objective

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External data are those generated within the organization for which the research is being conducted

Indicate whether the statement is true or false

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