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A zero-coupon discount bond trades today at $600.00. The bond will mature in 5.00 years from today at a redemption value of $1,000.00. What yield
A zero-coupon discount bond trades today at $600.00. The bond will mature in 5.00 years from today at a redemption value of $1,000.00. What yield to maturity will an investor receive if they purchase today?
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