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There is a zero coupon bond that sells for $4215.69 and has a par value of $10,000. If the bond has 12 years to maturity,

There is a zero coupon bond that sells for $4215.69 and has a par value of $10,000. If the bond has 12 years to maturity, what is the yield to maturity? Assume semiannual compounding.

A) 7.46% B) 7.08% C) 7.15% D) 7.04% E) 7.33%

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