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I bought a zero coupon bond for $650 in 2016. The bond had a face value of $1000, and at the time of my purchase,
I bought a zero coupon bond for $650 in 2016. The bond had a face value of $1000, and at the time of my purchase, the bond had 8 years until maturity. I sold the bond 2 years later in 2018 for the price of $670. What was the closest to the annualized holding period return of this investment? 0 1.53% O 5.53% O 3.24% O 1.17%
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