If he sells the bond at 45 ytm whats the annual rate of


Ten years ago, John bought a 30-year zero-coupon bond with $10,000 par at 7% YTM, compounded annually. If he sells the bond at 4.5% YTM, what's the annual rate of return on his 10-year investment on this zero-coupon bond?

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Finance Basics: If he sells the bond at 45 ytm whats the annual rate of
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