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A zero-coupon bond with face value $1,000 and maturity of four years sells for $740.22. 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 $740.22. 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 $724? (Round your answer to 2 decimal places) % Yield to maturity
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