Zero Coupon Assignment | Professional Writing

*Compute the Yield-to-Maturity (YTM) for Bond Y based on the following information (Part 1):

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-Bond Y is a zero-coupon bond with a face value of $1,000 and maturity of 5 years sells for $733.84. *Briefly explain the concept of Yield-to-Maturity (YTM) (Part 2):

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