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What Is the Yield to Maturity on a 3-Year Zero-Coupon  Maturity  (Years)  Price 1$925.152862.573788.664711.00\begin{array}{cc}\text { Maturity }\\\text { (Years) } & \text { Price } \\1 & \$ 925.15 \\2 & 862.57 \\3 & 788.66 \\4 & 711.00\end{array}

question 23

Multiple Choice

What is the yield to maturity on a 3-year zero-coupon bond? The following is a list of prices for zero-coupon bonds with different maturities and par values of $1,000.  Maturity  (Years)   Price 1$925.152862.573788.664711.00\begin{array}{cc}\text { Maturity }\\\text { (Years) } & \text { Price } \\1 & \$ 925.15 \\2 & 862.57 \\3 & 788.66 \\4 & 711.00\end{array}

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Definitions:

Migrating

The process of moving from one region or habitat to another, often seasonally, as seen in many animal species.

Electromagnetic

Pertaining to or emanating from the interaction of electric and magnetic fields, referring to the full spectrum of waves from radio to gamma rays.

Electroreceptors

Specialized cells or organs in some aquatic animals that allow them to detect electric fields in their environment, aiding in navigation, hunting, and communication.

Mechanoreceptors

Sensory receptors in the body that respond to mechanical pressure or distortion, crucial for senses like touch and hearing.

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