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Security Yield (%) Treasury Bill 14.1 AAA Corporate 4.3 BBB Corporate 5.2 B Corporate 6 The yields to maturity on a number of one-year, zero-coupon
Security Yield (%) Treasury Bill 14.1 AAA Corporate 4.3 BBB Corporate 5.2 B Corporate 6 The yields to maturity on a number of one-year, zero-coupon securities are shown in the table above. What is the price (expressed as a percentage of the face value) of a one-year, zero-coupon corporate bond with a B rating? 96.06% 95.88% 95.06% 94.33% 100%
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