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Business, 18.06.2021 15:30 izzyisawesome5232

What interest rate is implicit in a $1,000 par value zero-coupon bond that matures in 7 years if the current price is $500. Please specify your answer in decimal terms and round your answer to the nearest thousandth (e. g., enter 12.3 percent as 0.123).

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What interest rate is implicit in a $1,000 par value zero-coupon bond that matures in 7 years if the...
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