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t Question 14 (2 marks) Consider a four-year pure discount bond with a face value of $1,000. If the current price is $850, what

t Question 14 (2 marks) Consider a four-year pure discount bond with a face value of $1,000. If the current price is $850, what is the annualized yield of this bond? a. 5.57% b. 5.00% c. 4.15% d. 3.30% a. Ob. Oe. Od.

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