A risk-free, zero-coupon bond with a $5000 face value has 15 years to maturity. The bond currently trades at $3750. What is the yield to maturity of this bond?

A) 1.936%
B) 0.968%
C) 62.500%
D) 75.000%

Answer: A

Business

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The intent of the statute of fraud is to.

A. Require real estate contracts to be in writing in order to be legally enforceable B. Protect the public from misrepresentations by the licensees C. Require licensees to disclose property defects to prospective buyers D. Protect the public from dishonest dealing by licensees

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