Question: A zero - coupon bond has face value of $ 1 , 0 0 0 and time to maturity of 4 . 6 years. If

A zero-coupon bond has face value of $1,000 and time to maturity of 4.6 years. If it is currently trading for $903, what is this zero-coupon bond's yield-to-maturity? Round to the hundredth of a percent. (e.g.,4.32%=4.32)

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