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shannon purchases a bond for $1142.38. the bond matures in 3 years, and she will redeem it as its face value of $1200. interest premiums

shannon purchases a bond for $1142.38. the bond matures in 3 years, and she will redeem it as its face value of $1200. interest premiums are paid annually. if shannon will earn a yield of 14.5%/year compounded yearly, what is the bond interest rate

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