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(question 10) A zero-coupon bond that will pay $1,000 in 9 years is selling today for $500.25. What interest rate does the bond offer? (Do

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A zero-coupon bond that will pay $1,000 in 9 years is selling today for $500.25. What interest rate does the bond offer? (Do not round intermediate calculations. Round your answer to the nearest whole percent.) Interest rate %

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