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Posted on Oct 06, 2024

A Vulcan Industries zero-coupon bond has a market price of $565.18. The bond has 14 years to maturity. What is the yield-to-maturity for this bond?

Multiple choice:

A. 2.06%

B. 4.16%

C. 7.98%

D. 4.12%

E. 8.32%

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