A one-year discount bond with a par value of $5000 sold today, at issuance, for $4750 has a yield to maturity of
A) 5.00%.
B) 5.26%.
C) 2.50%.
D) 9.75%.
B
Economics
You might also like to view...
A charter school is an independent _____ school with _____ financing
a. private; private b. public; public c. private; public d. public; private
Economics
When the production of a good involves several inputs and inputs are used in fixed proportions, an increase in the cost of one input will usually cause total costs to
A) rise more than in proportion. B) rise less than in proportion. C) remain unchanged. D) rise by the exact amount of the input price increase.
Economics