Consider the Following $1,000 Par Value Zero-Coupon Bonds The Yield to Maturity on Bond B Is _________

Consider the following $1,000 par value zero-coupon bonds: $$\begin{array} { l c c } \text { Bond } &\text { Years to Maturity } & \text { Price } \\\hline \text { A } & 1 & \$ 909.09 \\\text { B } & 2 & \$ 811.62 \\\text { C } & 3 & \$ 711.78 \\\text { D } & 4 & \$ 635.52\end{array}$$
The yield to maturity on bond B is _________.

A) 10%
B) 11%
C) 12%
D) 14%
E) none of these

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