Assume a zero-coupon bond that sells for $444 will mature in 10 years at $1,150. use appendix b for an approximate answer but calculate your final answer using the formula and financial calculator methods. what is the effective yield to maturity? (assume annual compounding. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

the first one $24,630

answer(b) partnership';

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.