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Suppose the HHKK Bank offers to sell you a bond for $9,000. It is a zero coupon bond, it will be redeemed for $13,600 after
Suppose the HHKK Bank offers to sell you a bond for $9,000. It is a zero coupon bond, it will be redeemed for $13,600 after 11 years. What interest rate would you earn?
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