You purchased a zero coupon bond one year ago for 14584 the, Ask an Expert

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You purchased a zero coupon bond one year ago for $145.84. The market interest rate is now 9 percent. If the bond had 22 years to maturity when you originally purchased it, what was your total return for the past year? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Total return %

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Financial Management, Finance

Category:- Financial Management
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