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You are considering the purchase of a Zero Coupon Bond with a Face Value of $1000, which matures in six years. In the markets this

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You are considering the purchase of a Zero Coupon Bond with a Face Value of $1000, which matures in six years. In the markets this bond is selling for $815.86. If you purchase the bond at this price what is the Yield to Maturity (YTM) on the investment? (The answer is a percent, round your answer to two decimal places, eg 475) Numeric Response

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