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Bonds Suppose that in January 2040 , you buy a 30 -year zero-coupon U.S. Treasury bond with a maturity value of $100,000 and a yield

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Bonds Suppose that in January 2040 , you buy a 30 -year zero-coupon U.S. Treasury bond with a maturity value of $100,000 and a yield of 5% annually. (a) How much do you pay for the bond? (Round your answer to the nearest cent.) $ (b) Suppose that, 15 years later, interest rates have risen again, to 11%. If you sell your bond to an investor looking for a retum of 11%, how much money will you receive? (Round your answer to the nearest cent.) $ (c) Using your answers to parts (a) and (b), whot will be the annual yield (assuming annual compounding) on your 15-vear investment? (Round your answer to two decimal places.) \%

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