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A 20-year zero-coupon bond sells for $475 with a par value of $1000. Calculate the annual effective yield rate i. O a) 4.39% Ob) 5.37%

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A 20-year zero-coupon bond sells for $475 with a par value of $1000. Calculate the annual effective yield rate i. O a) 4.39% Ob) 5.37% O c) 6.01% O d) 3.79% O e) 4.96%

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