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1 3 . An investor buys a zero - coupon bond for $ 6 8 4 and then sells it exactly 3 years later for

13. An investor buys a zero-coupon bond for $684 and then sells it exactly 3 years later for $782. What effective annual rate did the investor earn?
Enter rate in decimal form rounded to the nearest basis point, as in "0.1234."

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