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The prices of three zero - coupon bonds are provided in the table below. All three bonds have a face value of $ 1 ,
The prices of three zerocoupon bonds are provided in the table below. All three bonds have a face value of $ The three bonds have three different terms to maturity. What is the yield on the bond with years to maturity?
Maturity
Price
Yield
Year
$
K
Years
$
K
Years
$
K
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