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If aone-year discount bond that pays $1 comma 000 1,000 atmaturity, is held for the entireyear, and the purchase price is $950 950, then the
If aone-year discount bond that pays $1 comma 000
1,000 atmaturity, is held for the entireyear, and the purchase price is $950
950, then the interest rate is
nothing
%.(Round your response to the nearestpercentage)
Aone-year discount bond for which the owner pays $937
937, holds it for the entire oneyear, and receives $1 comma 000
1,000 atmaturity, generates an interest rate of
nothing
%. (Round your response to the nearest one decimal place).
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