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A pure discount ( or zero - coupon ) government bond has a face value of $ 2 5 , 0 0 0 and a

A pure discount (or zero-coupon) government bond has a face value of $25,000 and a yield of 8.868%. If the current price of the bond is $16,200, what is the maturity of the bond in years? Recall that the compounding interval for bonds is 6 months.
10.00
8.00
5.00
20.00

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