2. A 10-year zero-coupon bond is purchased for $400 and has par value of $1,000. Compute...
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2. A 10-year zero-coupon bond is purchased for $400 and has par value of $1,000. Compute the yield rate convertible semiannually that would be earned. Round your answer to a hundredth of a percent. 2. A 10-year zero-coupon bond is purchased for $400 and has par value of $1,000. Compute the yield rate convertible semiannually that would be earned. Round your answer to a hundredth of a percent.
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