Question
An investor purchases a 30year, zerocoupon bond with a face value of $1,000 and a yield to maturity of 6.4%. He sells this bond ten
An investor purchases a 30year, zerocoupon bond with a face value of $1,000 and a yield to maturity of 6.4%. He sells this bond ten years later. What is the rate of return on his investment, assuming yield to maturity does not change?
A.
5.12%
B.
3.2%
C.
6.4%
D.
3.84%
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Healthcare Finance Modern Financial Analysis For Accelerating Biomedical Innovation
Authors: Andrew W. Lo, Shomesh E. Chaudhuri
1st Edition
0691183821, 978-0691183824
