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Approximately, what is the yield to maturity of a pure discount bond with 5 years maturity, face value of $100 and price of $102.00. Assume
Approximately, what is the yield to maturity of a pure discount bond with 5 years maturity, face value of $100 and price of $102.00. Assume annual compounding.
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-1.961%
0.397%
-0.395%
0.906%
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