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A annual zero-coupon bond with face value $1,000 and maturity of four years sells for $756.22 a. What is its yield to maturity? (Round your
A annual zero-coupon bond with face value $1,000 and maturity of four years sells for $756.22 a. What is its yield to maturity? (Round your answer to 2 decimal places.) Yield to maturity b. What will the yield to maturity be if the price falls to $740? (Round your answer to 2 decimal places.) Yield to maturity 0 0
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