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A one-year discount bond has a face value of $1,500 and a price of $1,200. What is the yield to maturity? Question 13 options: 1)

A one-year discount bond has a face value of $1,500 and a price of $1,200. What is the yield to maturity? Question 13 options: 1) 15% 2) 20% 3) 25% 4) 30%

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