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What is the yield-to-maturity (YtM) on a 5-year zero coupon bond with a price of 81.975% of par? Assume annual compounding. Enter your answer as
What is the yield-to-maturity (YtM) on a 5-year zero coupon bond with a price of 81.975% of par? Assume annual compounding. Enter your answer as a number to three decimal places, not in percent, e.g., if the answer is 4.252%, enter 4.252.
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