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What Is the Yield to Maturity on a 15-Year, Zero-Coupon

Question 130

Multiple Choice

What is the yield to maturity on a 15-year, zero-coupon bond selling for 37.5% of par value?

A) 4.40%
B) 5.60%
C) 5.97%
D) 6.76%
E) 37.50%

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