What is the bonds yield-to-maturity

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Suppose that you have a Zero-Coupon bond currently trading for $985, the bond has a face value of $1,000, and a time to maturity of 76 days (out of a 365 days year). What is the bond's yield-to-maturity?

a. 6.63%

b. 6.99%

c. 7.52%

d. 7.85%

Reference no: EM13921942

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