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The market price of an 8 year, zero coupon bond is $476. Your brother asks you if he should buy the bond, given his required

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The market price of an 8 year, zero coupon bond is $476. Your brother asks you if he should buy the bond, given his required return is 9 percent. Would you recommend he buy the bond or not? No because his required return is greater than the bond's yield of 24.5%. Yes because his required return is less than the band's yield of 9.7%. Yes because his required return is greater than the bond's yield of 97% No because his required return is less than the bond's yield of 24.5%

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