The annual yield-to-maturity, stated for with a periodicity of 12, for a four-year, zerocoupon bond priced at
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The annual yield-to-maturity, stated for with a periodicity of 12, for a four-year, zerocoupon bond priced at 75 per 100 of par value is closest to:
A. 6.25%.
B. 7.21%.
C. 7.46%.
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