A zero-coupon bond that will pay $1,000 in 10 years is selling today for $422.41. What interest

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A zero-coupon bond that will pay $1,000 in 10 years is selling today for $422.41. What interest rate does the bond offer?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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