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Suppose a zero coupon bond with a face value of $1,000 and maturing in 3 years is trading at $950. What is the Yield to

Suppose a zero coupon bond with a face value of $1,000 and maturing in 3 years is trading at $950. What is the Yield to Maturity of this bond?

Select one:

a. 2.8 years

b. 2.9 years

c. 3.0 years

d. 3.1 years

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