You purchased a zero coupon bond one year ago for 12136 the


You purchased a zero coupon bond one year ago for $121.36. The market interest rate is now 7 percent. If the bond had 30 years to maturity when you originally purchased it, what was your total return % for the past year? Assume semiannual compounding.

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Financial Management: You purchased a zero coupon bond one year ago for 12136 the
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