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A discount (or zero-coupon) bond is priced at 98.745 per 100 nominal, and will be redeemed at par in 3 months time. The corresponding nominal

A discount (or zero-coupon) bond is priced at 98.745 per 100 nominal, and will be redeemed at par in 3 months time. The corresponding nominal interest rate per annum, convertible monthly is

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