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1. Calculating return : you purchase a zero-coupon bond one year ago for $267.35. the market interest rate is now 5.3 percent. if the bond

1.Calculating return: you purchase a zero-coupon bond one year ago for $267.35. the market interest rate is now 5.3 percent. if the bond had 25 years to maturity when you originally purchased it, what was your total rate of return for the past year? Assuming semiannual compounding?

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