You purchased a zero-coupon bond one year ago for 28333 the
You purchased a zero-coupon bond one year ago for $283.33. 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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you purchased a zero-coupon bond one year ago for 28333 the market interest rate is now 9 percentrequiredif the bond
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