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Builtrite currently has a $1000 par, 14 year maturity, zero coupon bond outstanding that is selling for $388. What is the bonds yield to maturity?
Builtrite currently has a $1000 par, 14 year maturity, zero coupon bond outstanding that is selling for $388. What is the bonds yield to maturity?
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7%
6%
5%
8%
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