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Maturity (years)12345 Price $97.25 $94.53 $91.83$89.23 $87.53 The above table shows the price per $100 face value of several risk-free, zero-coupon bonds. What is the
Maturity (years)12345
Price$97.25 $94.53 $91.83$89.23 $87.53
The above table shows the price per $100 face value of several risk-free, zero-coupon bonds. What is the yield to maturity of the three-year, zero-coupon, risk-free bond shown?
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