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A zero - coupon bond maturing in 1 0 years has a par value of $ 1 0 , 0 0 0 . If you

A zero-coupon bond maturing in 10 years has a par value of $10,000. If you require an annual rate of return of 8%, what is the bond worth to you?
(Assume annual compounding. Enter your answer as a positive number. Round to the nearest cent.)
4317.84If you are able to buy the bond in the previous question at the price you calculated (assuming you calculated the price correctly), what will your annual rate of return be if you sell the bond after owning it for 4 years at a price of $6500?
(Formatting: enter "5.67" for 5.67%. Round to two decimal places. Assume annual compounding)

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