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A zero-coupon bond trades for a price of $96 per $100 par. It matures in 4 years has a 0.00% coupon and compounds semi-annually. What
A zero-coupon bond trades for a price of $96 per $100 par. It matures in 4 years has a 0.00% coupon and compounds semi-annually.
What is the yield of this bond?
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