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please do part 2 only in 20 minutes please urgently... I'll give you up thumb definitely Problem 9 You have until 9:00 PM to complete

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please do part 2 only in 20 minutes please urgently... I'll give you up thumb definitely

Problem 9 You have until 9:00 PM to complete this assignment. Intro You bought a 20-year, zero coupon bond with a face value of $1,000 and a yield to maturity of 3% (Expressed as an EAR, you don't need to deal with the simple rate issue.) A Part 1 What is the price of the bond today? 553.68 Save Saved 4+ decimals Attempt 1/1 Attempt 1/1 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 6.4% on 15-year bonds. What is your personal annual rate of return on holding the bond? (Reminder - Express your percentages as a decimal.)

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