help with question please

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ZfCbbu

Business Finance

Description

 Suppose a zero-coupon bond is selling for $614.00 today. It promises to pay $1,000 in exactly 10 years with annual compounding. Its annual rate of return would be about ____. (Points : 1)
       4%
       5%
       6%
       7%

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Explanation & Answer

 5%


Anonymous
Awesome! Perfect study aid.

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