[Solved] You invested $874 in a zero -coupon bond.

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You invested $874 in a zero -coupon bond. The bond was worth $1000 at the end of the year. What rate of return did you

You invested $874 in a zero -coupon bond. The bond was worth $1000 at the end of the year. What rate of return did you earn on this investment? Round your answer to the nearest tenth of a percent.

14.4%

12.6%

16.8%

2.4%

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