Question: Compute the yield to maturity for a zero coupon bond with a maturity of 13 years and a face value of $1000. The bond is
Compute the yield to maturity for a zero coupon bond with a maturity of 13 years and a face value of $1000. The bond is selling for $415.38. (Assume annual discounting.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34)
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