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Suppose that the zero-coupon bond price associated with 4-years is 0.80, that is to say D4=0.80. What is the yield of this zero-coupon bond, y4?
Suppose that the zero-coupon bond price associated with 4-years is 0.80, that is to say D4=0.80. What is the yield of this zero-coupon bond, y4? 5.58% 3.88% 20% 5%
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