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You are considering investing in a zero-coupon bond that sells for Rs300. At maturity in 12 years it will be redeemed for Rs1,000. What

You are considering investing in a zero-coupon bond that sells for Rs300. At maturity in 12 years it will be redeemed for Rs1,000. What approximate annual rate of return does this represent?

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The approximate annual rate of return on this zerocoupon bond is 82 Explanation The rate of ret... blur-text-image

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