Question: A zero - coupon bond that will pay ( $ 1 , 0 2 0 ) in 1 0 years is selling

A zero-coupon bond that will pay \(\$ 1,020\) in 10 years is selling today for \(\$ 440.61\). What interest rate does the bond offer? Note: Round your answer to 2 decimal places .Interest rate\(\square \)

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