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A risk-free, zero-coupon bond with a $10,000 face value has 10 years to maturity. The bond currently trades at $7,460. What is the yield to
A risk-free, zero-coupon bond with a
$10,000
face value has
10
years to maturity. The bond currently trades at
$7,460.
What is the yield to maturity of this bond?
A.
74.6%
B.
62.7%
C.
1.487%
D.
2.974%
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