Question: A one - year discount bond with a par value of $ 1 0 0 sold today, at issuance, for $ 9 6 has a

A one-year discount bond with a par value of $100 sold today, at issuance, for $96 has a yield to maturity of
4.17%
6.38%.
9.6%.
4.00%
 A one-year discount bond with a par value of $100 sold

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