Suppose the U. Treasury offers to sell you a bond for $747. No payments will be made until the bond matures 5 years from now, at which time it will…

Suppose the U.S. Treasury offers to sell you a bond for $747.25. No payments will be made until the bond matures 5 years from now, at which time it will be redeemed for $1,000. What interest rate would you earn if you bought this bond at the offer price?