jaystarr3665 jaystarr3665

07-03-2024
Business

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A zero coupon Treasury bond that matures in 10 years is priced at $275 (per $1,000 par value). What is the bond's annual yield to maturity? Round to 3 decimal places.
a. 2.750%
b. 27.500%
c. 0.275%
d. 0.027%

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