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What is the yield to maturity on an 20-year, zero coupon bond selling for 32% of par value? Which is the following is correct? .
What is the yield to maturity on an 20-year, zero coupon bond selling for 32% of par value?
Which is the following is correct?
.
| 4.86% | ||
| 2. | 5.86% | |
| 3. | 6.37% | |
| 4. | 6.92% | |
| 5. | 30.00% |
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
