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4. Zero coupon bond ZCB has a maturity value of $1,000 and will mature in 7 years from today. If the current market price of

4. Zero coupon bond ZCB has a maturity value of $1,000 and will mature in 7 years from today. If the current market price of ZCB is $698.95, what is the market required annual rate of return? (6 points)

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