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Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity. If the bond is currently trading for $459, then the
Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity. If the bond is currently trading for $459, then the yield to maturity on this bond is closest to:
| A. | 7.5% | |
| B. | 10.4% | |
| C. | 9.7% | |
| D. | 8.1% |
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Investments An Introduction
Authors: Herbert B Mayo
10th Edition
0538452099, 9780538452090
