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You spend $142 today to buy a zero-coupon bond with face value $174 maturing 5 years from now. What is the yield on this bond?
You spend $142 today to buy a zero-coupon bond with face value $174 maturing 5 years from now. What is the yield on this bond? Assume annual interest compounding. Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321.
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