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1. What is the yield-to-maturity on a 15-year, zero coupon bond selling for $385? The face value is $1000. 4.40% 5.60% 5.97% 6.67% 37.5%

1. What is the yield-to-maturity on a 15-year, zero coupon bond selling for $385? The face value is $1000.

4.40%

5.60%

5.97%

6.67%

37.5%

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