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Atlantis Fisheries issues zero coupon bonds on the market at a price of $ 4 1 7 per bond. Each bond has a face value
Atlantis Fisheries issues zero coupon bonds on the market at a price of $ per bond. Each bond has a face value $ payable
at maturity in years. What is the yield to maturity for these bonds?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
Answer is complete but not entirely correct.
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