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You are offered the opportunity to buy a note for $ 1 0 , 0 0 0 . The note is certain to pay $
You are offered the opportunity to buy a note for $ The note is certain to pay $ at the end of each of the next years. There are no other cashflows associated with the note and thus you will never receive anything other than the payment stated at the end of each year. If you buy the note, what rate of interest will you receive on this investment to nearest
insufficient information to compute
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