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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Fixed Income Analysis

ISBN: 9781119627289

4th Edition

Authors: Barbara S. Petitt

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