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Intro You bought a 20-year, zero coupon bond with a face value of $1,000 and a yield to maturity of 2.6% (Expressed as an EAR,

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Intro You bought a 20-year, zero coupon bond with a face value of $1,000 and a yield to maturity of 2.6% (Expressed as an EAR, you don't need to deal with the simple rate issue.) Attempt 2/3 for 8 pts. Part 1 What is the price of the bond today? 598.48 Correct Attempt 2/3 for 8 pts. Part 2 5 years after your initial purchase, you decide to sell the bond. (15 years are now remaining to maturity.) Interest rates have since risen to 6.2% on 15-year bonds. What is your personal annual rate of return on holding the bond? (Reminder - Express your percentages as a decimal.) 4+ decimals Submit

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