You are considering investing in a zero-coupon bond that will pay you its face value of $1,000 in eight years. If the bond is currently selling for $540.27, then the internal rate of return (IRR) for investing

You are considering investing in a zero-coupon bond that will pay you its face value of $1,000 in eight years. If the bond is currently selling for $540.27, then the internal rate of return (IRR) for investing in this bond is closest to:

A. 7.0%
B. 8.0%
C. 9.1%
D. 10.2%

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You are considering investing in a zero-coupon bond that will pay you its face value of $1,000 in eight years. If the bond is currently selling for $540.27, then the internal ra…

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