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You invest in a 5 4 month $ 6 , 8 1 1 zero - coupon corporate bond at a simple discount rate of 2

You invest in a 54 month $6,811 zero-coupon corporate bond at a simple discount rate of 2.26 per year. Determine the price of the bond and the true interest rate on the bond.
a. The price of the bond is $
(Round to 2 decimal places)
b. The true interest rate of the bond is(Round to 4 decimal places)
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