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A risk-free, zero-coupon bond with a $10,000 face value has 15 years to maturity. The bond currently trades at $8,680. What is the yield
A risk-free, zero-coupon bond with a $10,000 face value has 15 years to maturity. The bond currently trades at $8,680. What is the yield to maturity of this bond? OA. 56.6% OB. 0.9% OC. 0.45% OD. 86.8%
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