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A risk-free, zero-coupon bond with a $10,000 face value has 20 years to maturity. The bond currently trades at $8,700. What is the yield to
A risk-free, zero-coupon bond with a $10,000 face value has 20 years to maturity. The bond currently trades at $8,700. What is the yield to maturity of this bond? COTT A. 56.5% OB. 0.699% OC. 0.349% D. 87%
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