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Consider a zero-coupon bond with face value of $1,000 and 11 years left to maturity trading for $714.44. What is this bond's yield to maturity?
Consider a zero-coupon bond with face value of $1,000 and 11 years left to maturity trading for $714.44. What is this bond's yield to maturity? Answer in percent rounded to one decimal place (e.g. 5.64\% --> 5.6)
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