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1. A zero coupon bond with 3 years to maturity has a annualized yield to maturity of 4%. A 3-year maturity annual-pay coupon bond has
1. A zero coupon bond with 3 years to maturity has a annualized yield to maturity of 4%. A 3-year maturity annual-pay coupon bond has as face value of $1000 and a 4% coupon rate. The coupon b...
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