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a zerocoupon discount bond trades today at 60625 the bond...

Question: a zerocoupon discount bond trades today at 60625 the bond...

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A zero-coupon discount bond trades today at $606.25. The bond will mature in three years from today at a redemption value of $1,000.00. What yield to maturity will an investor receive if they purchase today? Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Enter Answer Here...

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