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Suppose the U.S. Treasury offers to sell you a bond for $817.25. No payments will be made until the bond matures 5 years from now,

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Suppose the U.S. Treasury offers to sell you a bond for $817.25. No payments will be made until the bond matures 5 years from now, at which time it will be redeemed for $1,000. What interest rate would you earn if you bought this bond at the offer price? ( a) 4.57% O b) 3.75% O c) 4.12% O d) 3.21% O e) 4.86%

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