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QUESTION
A zero-coupon bond issued by Great Dane Grinding Company has a current market value of $341. It will mature in 17 years at a face (or par or...
- A zero-coupon bond issued by Great Dane Grinding Company has a current market value of $341.63. It will mature in 17 years at a face (or par or maturity) value of $1,000. What is its yield to maturity?
