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A company issues 5-year, zero-coupon bonds with a total face value of $100,000. The company is hoping to raise $80,000 in cash from the issuance.

A company issues 5-year, zero-coupon bonds with a total face value of $100,000. The company is hoping to raise $80,000 in cash from the issuance. At what market yield would the proceeds equal $80,000 given the written terms of the bond

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