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If you pay $ 8 , 8 0 0 for a 2 0 - year zero coupon bond with a face value of $ 3
If you pay $ for a year zero coupon bond with a face value of $ what is your annual compound rate of return?
Annual compound rate reound to two decimal places.
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American Public School Finance
Authors: William Owings, Leslie Kaplan
2nd Edition
1111838046, 978-1111838041
