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An investor purchases a 30-year, zero-coupon bond with a face value of $5,000 and a yield to maturity of 5.5%. He sells this bond
An investor purchases a 30-year, zero-coupon bond with a face value of $5,000 and a yield to maturity of 5.5%. He sells this bond ten years later. What is the rate of return on his investment, assuming yield to maturity does not change? A. 3.3% B. 5.5% C. 2.75% OD. 4.4%
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