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Suppose that a $1000 one-year Treasury bond was sold for $990, $970, and $950 in year 2018, 2019, and 2020. Compute the interest rate on
Suppose that a $1000 one-year Treasury bond was sold for $990, $970, and $950 in year 2018, 2019, and 2020.
Compute the interest rate on the bond for each of those years.
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