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A zero-coupon bond with face value $1,000 and maturity of four years sells for $756.22. a. What is its yield to maturity? (Round your answer
| A zero-coupon bond with face value $1,000 and maturity of four years sells for $756.22. |
| a. | What is its yield to maturity? (Round your answer to 2 decimal places.) |
| Yield to maturity | % |
| b. | What will the yield to maturity be if the price falls to $740? (Round your answer to 2 decimal places.) |
| Yield to maturity | % |
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The Road To Wealth The Answers You Need To More Than 2000 Personal Finance Questions
Authors: Suze Orman
1st Edition
9781594484582
