Determine the corresponding yield to maturity for each bond

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Problem 1: Suppose that the following zero-coupon bonds are selling at the prices shown below per $100 face value. Determine the corresponding yield to maturity for each bond.

Maturity             year 1           year 2            year3             year4

Price               $97.45            $94.01           $92.18           $89.47

Reference no: EM132986265

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