Question: need help with this one. A zero-coupon bond is a bond sold at a deep discount that does not pay interest until maturity. You purchase

need help with this one. need help with this one. A zero-coupon bond is a bond sold

A zero-coupon bond is a bond sold at a deep discount that does not pay interest until maturity. You purchase a 8-year, zero-coupon bond for $6,452 and receive $10,000 at maturity. What average annual interest rate did you earn? (Answer should be a %)

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