Question: A U.S. Treasury strip that will pay $1,000 in 15 years is selling today for $239.39. What interest rate does the bond offer? Note: Do

 A U.S. Treasury strip that will pay $1,000 in 15 years

A U.S. Treasury strip that will pay $1,000 in 15 years is selling today for $239.39. What interest rate does the bond offer? Note: Do not round intermediate calculations. Enter your answer as a whole percent

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