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Consider the following yields to maturity on various one-year zero-coupon securities: Yield (%) Security Treasury AAA Corporate BBB Corporate B Corporate 4.4 4.6 5.4 6

Consider the following yields to maturity on various one-year zero-coupon securities: Yield (%) Security Treasury AAA Corporate BBB Corporate B Corporate 4.4 4.6 5.4 6 The price (expressed as a percentage of the face value) of a one-year, zero-coupon corporate bond with a AAA rating is closest to

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