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Question 16 1 points A firm issues zero-coupon bonds with a face value of $1,000 and time to maturity of 44 months. The bonds are

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Question 16 1 points A firm issues zero-coupon bonds with a face value of $1,000 and time to maturity of 44 months. The bonds are currently trading at $706 5. What is the annual yield on this bond? Answer in percent, rounded to one decimal place (54289-> 5.4)

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