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Problem 8 . You have just purchased a 10-year zero-coupon bond with a yield to maturity of 10% and a par value of $1,000. At
Problem 8 . You have just purchased a 10-year zero-coupon bond with a yield to maturity of 10% and a par value of $1,000. At the end of 1 year you decide to se the bond. At the time you sell the bond, the yield to maturity on this bond is 11%, what is The rate of return on your investment
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