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A zero coupon bond maturing in five years has a face value of $10,000 and is currently trading at $6,266. The bond's yield to maturity
A zero coupon bond maturing in five years has a face value of $10,000 and is currently trading at $6,266. The bond's yield to maturity is closest to:
- 9.4%
- 9.8%
- 10.1%
- The yield to maturity cannot be calculated without additional information
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