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19. A zero-coupon bond pays $1000 in ten years and sells for $400 today. What is the bond's yield (rounded to the nearest tenth of

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19. A zero-coupon bond pays $1000 in ten years and sells for $400 today. What is the bond's yield (rounded to the nearest tenth of one percent)? 9.6% 7.5% 8.5% 10.2% None of the above

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