You purchased a zero-coupon bond one year ago for 28333 the, Ask an Expert

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You purchased a zero-coupon bond one year ago for $283.33. The market interest rate is now 9 percent. Assume semiannual coumpounding periods. 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, Finance

Category:- Financial Management
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