Question: Springfield Learning sold zero coupon bonds ( bonds that don't pay any interest, instead the bondholder gets just one payment, coming when the bond matures,

Springfield Learning sold zero coupon bonds (bonds that don't pay any interest, instead the bondholder gets just one payment, coming when the bond matures, from the issuer) and received $ 1000 for each bond that will pay $18000 when it matures in 40 years.
a.At what rate is Springfield Learning borrowing the money from investors?

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