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A zero-coupon bond with a $1000 face value has 7 years left until maturity. If its current price is $786, then the yield to maturity
A zero-coupon bond with a $1000 face value has 7 years left until maturity. If its current price is $786, then the yield to maturity on this bond is approximately:
3.5% | |
1.27% | |
1.03% | |
0.035% | |
7% |
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