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c) You have just purchased a 10-year zero-coupon bond with a yield to maturity of 10% and a par value of $1,000. What would
c) You have just purchased a 10-year zero-coupon bond with a yield to maturity of 10% and a par value of $1,000. What would your rate of return at the end of the year be if you sell the bond? Assume the yield to maturity on the bond is 11% at the time you sell.
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