A discount bond selling for $15,000 with a face value of $20,000 in one year has a yield to maturity of
A) 3 percent.
B) 20 percent.
C) 25 percent.
D) 33.3 percent.
Answer: D
A discount bond selling for $15,000 with a face value of $20,000 in one year has a yield to maturity of
A) 3 percent.
B) 20 percent.
C) 25 percent.
D) 33.3 percent.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.