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A firm issues zero-coupon bonds with a face value of $1,000 and time to maturity of 15 years. The bonds are currently trading at $630.
A firm issues zero-coupon bonds with a face value of $1,000 and time to maturity of 15 years. The bonds are currently trading at $630. What is the yield on this bond? O a. 2.6096 b. 3.13% O C.3.70% d. 4.32% O e. 5.0196
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