Question: There is a zero coupon bond that sells for $ 4 3 7 . 8 1 and has a par value of $ 1 0

There is a zero coupon bond that sells for $437.81 and has a par value of $1000. If the bond has 12 years to maturity, what is the yield to maturity? Assume semiannual compounding. The answer choices are 6.72,7.13,6.77,7, and 6.83.

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