You purchased a zero-coupon bond one year ago for 28183 the


You purchased a zero-coupon bond one year ago for $281.83. The market interest rate is now 9 percent. Required: If the bond had 15 years to maturity when you originally purchased it, what was your total return for the past year?

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Financial Management: You purchased a zero-coupon bond one year ago for 28183 the
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