Question: 11. Chapter MC, Section 04, Problem 138.Algo You have just purchased a U.S. Treasury bond for $597.25. No payments will be made until the bond

 11. Chapter MC, Section 04, Problem 138.Algo You have just purchased

11. Chapter MC, Section 04, Problem 138.Algo You have just purchased a U.S. Treasury bond for $597.25. No payments will be made until the bond matures 5 years from now, at which time it will be redeemed for $1,000. What interest rate will you earn on this bond? Select the correct answer. Ca. 11.86%. Ob. 10.86% Oc. 9.86% Od. 12.86% Oe. 8.86%

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