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An investor purchases a 30 -year, zero-coupon bond with a face value of $1,000 and a yield to maturity of 5%. He sells this bond

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An investor purchases a 30 -year, zero-coupon bond with a face value of $1,000 and a yield to maturity of 5%. He sells this bond ten years later. What is the rate of return on his investment, assuming yield to maturity does not change? A. 3% B. 4% C. 2.5% D. 5%

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