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What is the yield - to - maturity ( YTM ) of a 1 1 - year zero - coupon bond with a $ 9

What is the yield

-

-

maturity

(

YTM

)

of a

11 -

year zero

-

coupon bond with a $

93, 000

face value that sells for a market price of $

82, 000 ?

(

Answer to the nearest

0.01 %)

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