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What Is the Yield to Maturity of a One-Year,risk-Free,zero-Coupon Bond

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What is the yield to maturity of a one-year,risk-free,zero-coupon bond with a $10,000 face value and a price of $9600 when released?


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Unwritten rules or expectations for behavior in a given group or society, guiding actions and responses without the need for formal laws.

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a period of cultural, artistic, political, and economic "rebirth" following the Middle Ages, characterized by an emphasis on classical learning and values.

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