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The current price of a $ 1 0 0 0 face value 1 - year zero - coupon bond is $ 9 6 4 .

The current price of a $1000 face value 1-year zero-coupon bond is $964. What is the implied interest rate? [your answer should be in percentage terms with two decimal places, for example, 1.23% but you don't need the % symbol]
3.73 margin of error +-0.02
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