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A zero coupon bond with face value of $1,000 and 9.00 years to maturity sells for $781.00. What is the discount rate for the bond?

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A zero coupon bond with face value of $1,000 and 9.00 years to maturity sells for $781.00. What is the discount rate for the bond? Sunt Answer format: Percentage Round 0 2 decimal places (Example: 9.249 sign required WW accept decimal format rounded to decimal places (ex 0.0924)

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