The yield to maturity for a one-year discount bond equals
A. the increase in price over the year, divided by the initial price.
B. the increase in price over the year, divided by the face value.
C. the increase in price over the year, divided by the interest rate.
D. none of the above.
Answer:A
The yield to maturity for a one-year discount bond equals
A. the increase in price over the year, divided by the initial price.
 B. the increase in price over the year, divided by the face value.
 C. the increase in price over the year, divided by the interest rate.
 D. none of the above.
