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NEED ASAP! A zero-coupon bond that will pay $1,040 in 11 years is selling today for $442.01. What interest rate does the bond offer? (Round
NEED ASAP!
A zero-coupon bond that will pay $1,040 in 11 years is selling today for $442.01. What interest rate does the bond offer? (Round your answer to 2 decimal places.) Interest rate Step by Step Solution
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