an investor purchases a 30-year zero-coupon bond


An investor purchases a 30-year, zero-coupon bond with a face value of $1000 and a yield to maturity of 6.5%. He sells this bond ten years later. What is the rate of return on his investment, assuming yield to maturity does not change?

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Finance Basics: an investor purchases a 30-year zero-coupon bond
Reference No:- TGS0473159

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