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Piper owns a $50,000 savings bond that matures in 5 years when she turns 25 . Zelle offers Piper $45,000 to purchase the savings bond

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Piper owns a $50,000 savings bond that matures in 5 years when she turns 25 . Zelle offers Piper $45,000 to purchase the savings bond today and Piper refuses. Assuming Piper made the wrong choice in refusing the offer, what do you know about Piper's annual required return (r) over the next 5 years? r=0%r>0%r

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