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You invested $950 in a zero -coupon bond. The bond was worth $1000 at the end of the year. What rate of return did you
You invested $950 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.
Group of answer choices
2.3%
5.3%
7.5%
5.0%
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