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A riskless security costs $3,525 and will pay $3,800 in one year. Attempt 1/5 for 2 pts. Part 1 What is the risk-free interest rate

A riskless security costs $3,525 and will pay $3,800 in one year.

Attempt 1/5 for 2 pts.

Part 1

What is the risk-free interest rate in the absence of any arbitrage opportunity?

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