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Suppose that the Federal Reserve of the United States offers a bond for $635.20 at 8 years of maturity. You will not have to issue

Suppose that the Federal Reserve of the United States offers a bond for $635.20 at 8 years of maturity. You will not have to issue payments until the maturity date, at which time you will receive $950. Calculate the interest rate if you decide to buy it. Determine the interest rate if you manage to buy it at a price of $555

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