NutMeg4692 NutMeg4692
  • 29-01-2024
  • Business
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Assume that you are interested in buying a zero coupon bond. It has a maturity of 25 years, a price of $462, and a par value of $1000. Assume that interest is compounded annually. What is the yield on this bond?
a.1.85%
b.2.16%
c.3.14%
d.8.66%

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