You are considering investing in a zero-coupon bond that will pay you its face value of $1000 in twelve years. If the bond is currently selling for $496.97, then the internal rate of return (IRR) for investing in this bond is closest to ________
A) 5.0%
B) 7.1%
C) 6.0%
D) 8.2%
Answer: C
Business
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External data are those generated within the organization for which the research is being conducted
Indicate whether the statement is true or false
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