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Question 3. 3. Determine the yield to maturity (to the nearest tenth of 1 percent) of an 8-year zero coupon bond ($1,000 par value) that

Question 3.3. Determine the yield to maturity (to the nearest tenth of 1 percent) of an 8-year zero coupon bond ($1,000 par value) that is currently selling for $544.29. (Points : 3)

( ) 6.0% ( ) 11.5% ( ) 7.9% ( ) 8.5%

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