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Compare the YTM of a 5 - year zero - coupon bond with a face value of $ 1 , 0 0 0 purchased for
Compare the YTM of a year zerocoupon bond with a face value of $ purchased for $ and a year coupon bond with the same face value, a annual coupon rate, and a current price of $
Question: Calculate the yield to maturity for both bonds and determine which investment offers a higher yield.
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