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Suppose a security with a risk-free cash flow of $ 152$152 in one year trades for $ 138$138 today. If there are no arbitrage opportunities,
Suppose a security with a risk-free cash flow of
$ 152$152
in one year trades for
$ 138$138
today. If there are no arbitrage opportunities, what is the current risk-free interest rate?
The risk-free rate is
nothing%.
(Round to two decimal places.)
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