A money market security that has a par value of $10,000 sells for $8,816 60 Given that the security has a maturity of two years, what is the investor 's required rate of return ...

A money market security that has a par value of $10,000 sells for $8,816.60. Given that the

Question:

A money market security that has a of $10,000 sells for $8,816.60. Given that the security has a of two years, what is the investor's required rate of return?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...