- Five years ago you purchased a Zero coupon bond (principal value = $1,000) with a remaining maturity of 20 years and a price of 50%. Today you sell the bond at a price of 65%. Therefore the YTM of the Zerobond today is ……………. the YTM five years ago. (use semiannual compounding)
- A) less than B) equal to C) more than
Gradetutors.com is a well-established online academic writing company that provides genuine writing services to students and researchers all over the globe. We offer a wide range of academic writing services including essays, thesis, research papers, dissertations, assignments, term papers, homework among others.
Plagiarism Free Guarantee
At gradetutors.com we ensure that every project that we review has been thoroughly vetted and proofread to ensure it is unique without ant traces of copied work. We use updated plagiarism software that has the ability to extensively search for instances of unauthenticity or stolen research or anything that could threaten our clients’ academic career.