Determine the yield to maturity to the nearest tenth of 1 percent of a zero coupon bond with 8 years to maturity that is currently selling for $404.
A) 11.3%
B) 12.3%
C) 11.7%
D) 12.0%

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The Answer of Determine the yield to maturity to the nearest tenth of 1 percent of a zero coupon bond with 8 years to maturity that is currently selling for $404.
A) 11.3%
B) 12.3%
C) 11.7%
D) 12.0%

Determine the Yield to Maturity to the Nearest Tenth of 1