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A 2 0 - year, zero - coupon bond was recently being quoted at 2 1 . 6 4 1 % of par. Find the
A year, zerocoupon bond was recently being quoted at of par. Find the current yield and the promised yield of this issue, given that the bond has a par value of $ Then, using semiannual compounding, determine how much an investor would have to pay for this bond if it were priced to yield
The current yield on this bond is Round to the nearest whole percent.
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