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Intro A riskless security costs $3,175 and will pay $3,400 in one year. Part 1 Attempt 1/5 for 2 pts. What is the risk-free interest

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Intro A riskless security costs $3,175 and will pay $3,400 in one year. Part 1 Attempt 1/5 for 2 pts. What is the risk-free interest rate in the absence of any arbitrage opportunity? 3+ decimals Submit

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