Everyday information about pertinent developments in the environment to an organization is gathered through the internal report system

The major advantage of Census of Population data is that they are available annually

Indicate whether the statement is true or false

The price of a 3-year zero coupon government bond is 85.16. The price of a similar 4-year bond is 78.81. What is the yield to maturity (effective annual yield) on the 3-year bond?

A) 4.6% B) 5.5% C) 5.8% D) 6.7%