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If investor pays $715.00 for a zero- coupon bond at the end of 2007 and sells this bond for $930.00 at the end of
If investor pays $715.00 for a zero- coupon bond at the end of 2007 and sells this bond for $930.00 at the end of 2015, what was the annual return that investor earned between 2007 and 2015? Enter your answer in decimals, e.g. 4.55% as 0.0455
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