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A Zero-coupon bond face value is $21,000 and the interest rate is 5% which will mature after 11 years. Determine the yield to maturity if
- A Zero-coupon bond face value is $21,000 and the interest rate is 5% which will mature after 11 years. Determine the yield to maturity if the Bond is selling at $1,000 premium to the current price?
- - The yield to maturity is 10.48%.
- - The yield to maturity is 11.05%.
- - The yield to maturity is 4.82%.
- - The yield to maturity is 4.26%.
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