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? 0 0 Suppose the Chief Financial Officer ( CFO ) of a company is interested in raising funds for a major investment by issuing

?^{00}

Suppose the Chief Financial Officer

(

CFO

)

of a company is interested in raising funds for a major investment by issuing bonds

of varying maturity to investors. One of the longer

-

term bonds being issued can be purchased for $

25, 000.00

per bond and pays

What is the anual interest rate on this bond?

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