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What is the annual required rate of a 10-year bond outstanding that has 4% coupon rate and $922.78 in present value (future value=$1000.00)? 4% 5%

What is the annual required rate of a 10-year bond outstanding that has 4% coupon rate and $922.78 in present value (future value=$1000.00)?

4%

5%

6%

7%

8%

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