Question: 17. Consider a zero-coupon bond, with face value equal to USD1,000, bought by USD 756, five years before maturity. What is the Yield-to-Maturity

 17. Consider a zero-coupon bond, with face value equal to USD1,000,

17. Consider a zero-coupon bond, with face value equal to USD1,000, bought by USD 756, five years before maturity. What is the Yield-to-Maturity

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