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What interest rate does the bond offer

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A zero-coupon bond which will pay $1,000 in 10 years is selling today for $ 396.15. What interest rate does the bond offer?

Reference no: EM131412277

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What interest rate does the bond offer : A zero-coupon bond which will pay $1,000 in 10 years is selling today for $ 396.15. What interest rate does the bond offer?
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