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Since you plan to diversify your investment portfolio, you are interested in investing $13,723 in a Zero Coupon Bond. This particular bond has a face
Since you plan to diversify your investment portfolio, you are interested in investing $13,723 in a Zero Coupon Bond. This particular bond has a face value of $44,711 and matures in 16 years. Given this information, What is the implied yield to maturity of this bond? Enter your answer as a percentage number, for example, if your answer is 8.67%, you must enter 8.67 only.
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