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20 Bank of People issues zero coupon bonds that matures in 2 years. The bonds have a market price of $886.87 and Par Value of
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Bank of People issues zero coupon bonds that matures in 2 years. The bonds have a market price of $886.87 and Par Value of $1000. What is the YTM of the bonds? 6.23% 6.67% 6.04% 6.19% Step by Step Solution
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