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Use the table for the question(s) below. Consider the following yields to maturity on various one-year zero-coupon securities: Security Yield (%) Treasury 4.6 AAA corporate
Use the table for the question(s) below. Consider the following yields to maturity on various one-year zero-coupon securities: Security Yield (%) Treasury 4.6 AAA corporate 4.8 BBB corporate 5.6 B Corporate 6.2 The price (expressed as a percentage of the face value) of a one-year, zero-coupon corporate bond with a BBB rating is closest to: Select one: A. 94.16 B. 95.60 C. 94.70 D. 95.42
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