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RedSwitch Ltd issues a 10 year zero-coupon bond, paying $1000 at maturity. If investors are willing to pay $620.67 for the bond now, what is

RedSwitch Ltd issues a 10 year zero-coupon bond, paying $1000 at maturity. If investors are willing to pay $620.67 for the bond now, what is the yield to maturity they are requiring on this investment?

6.14%

37.93%

4.89%

4.66%

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