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A Treasury auction is held for $100MM Face-Value of 5 -year, zero coupon bonds. If auction-investors pay $65MM for the bonds, what is rr ?

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A Treasury auction is held for $100MM Face-Value of 5 -year, zero coupon bonds. If auction-investors pay $65MM for the bonds, what is rr ? Do not round intermediate calculations. Round your answer to 4 decimal places and do not represent your answer as a percent. IE: write 0.2672 not 26.72%. Yesterday, you bought a 5-year, zero coupon, $100 face-value Treasury bond with an interest rate ( rrr) of 6.0% and a price of $74.73 per bond. rinf was 2.0% at the time, but jumped to 3.0% overnight. Nothing changed overnight except for the jump in the inflation rate. How much can you sell your bond for today? Hint: Assume rif=rinf+ all other treasury bond interest rate risks. Do not round intermediate calculations. Round your final answer to 2 decimal places

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