Finance related multiple choice questions
1. What is the yield to maturity on a municipal bond scheduled to pay $10,000 upon maturity 5 years from now? This is a zero- coupon bond selling for $8,220. Round the yield to maturity to the nearest percent.A. 8 percent C. 4 percent B. 5 percent D. 3 percent 2. What is the yield to maturity on a corporate bond scheduled to pay annual […]
