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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?

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?

4.12%

2.06%

3.64%

8.32%

7.98%

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