题目
The annual yield-to-maturity, stated for with a periodicity of 12, for a 4-year, zero-coupon bond priced at 75 per 100 of par value is closest to:
选项
A.6.25%.
B.7.21%.
C.7.46%.
答案
B
解析
： B is correct. The annual yield-to-maturity, stated for a periodicity of 12, is 7.21%. N=48, PV=-75, PMT=0, FV=100 CPT (I/Y)=0.601（%） YTM=I/Y*12=7.21（%） ： B是正确的。年到期收益率为7.21%，周期为12。 N=48, PV=-75, PMT=0, FV=100 CPT (I/Y)=0.601（%） YTM=I/Y*12=7.21（%）