[Solved] If you pay $ 8,800 for a20-year zero coup

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If you pay $ 8,800 for a20-year zero coupon bond with a face value of $ 45,000 , what is your annual compound rate ofreturn?

If you pay $8,800 for a20-year zero coupon bond with a face value of $45,000, what is your annual compound rate ofreturn?

Annual compound rate______ % (Round to two decimalplaces.)

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