What is the yield to maturity on an 18-year, zero coupon bond selling for 30% of par value?

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What is the yield to maturity on an 18-year, zero coupon bond selling for 30% of par value?

  1. A) 86%
  2. B) 86%
  3. C) 37%
  4. D) 92%
  5. E) 00%

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