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Arisk-free, zero-coupon bond with a $10,000 face value has 15 years to maturity. The bond currently trades at $7,720. What is the yield to maturity
Arisk-free, zero-coupon bond with a $10,000 face value has 15 years to maturity. The bond currently trades at $7,720. What is the yield to maturity of thisbond?
A.
0.87%
B.
1.74%
C.
77.2%
D.
61.4%
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