Question: If you pay $ 9 comma 1 0 0 9 , 1 0 0 for a 2 0 - year zero coupon bond with a

If you pay
$9 comma 1009,100 for a20-year zero coupon bond with a face value of $40 comma 00040,000, what is your annual compound rate of return?
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Part 1
Annual compound rate=
enter your response here
%(Round to two decimal places.)

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