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There is a zero coupon bond that sells for $430.79 and has a par value of $1,000. If the bond has 18 years to maturity,
There is a zero coupon bond that sells for $430.79 and has a par value of $1,000. If the bond has 18 years to maturity, what is the yield to maturity? Assume semiannual compounding. 4.54% 4.73% 4.58% 4.79% 4.62%
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